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(c) to make and enter into additional contra~ts and incur obl~gations for
the purposes of completing the Improvements pursuant to the obligations o~
the Mortgagor hereur~der, either it~ the name of tbe Mortgagee or the Mort-
gagor, and (d) to pay and discharge all debts, obligations and liabilities
incurred by reason af any action taken by the Mortgagee as provided in
this Paragraph, all o~ which amounts so paid by the Mortgagee, with inter-
est thereon from the date of each such payment, at the rate of t~re~ per-
cent (39~) per annum, shall be payable by the Mortgagor to the Mortgagee on
demand and shall be secured by this Mortgage.
4. No building or otber structure or improvement, fixture or per-
sonal property mo=tgaged hereby shall be removed or demolished without
the prior written consent of the Mortgagee. The Mortgagor will not make,
permit or suffer any alteration of or addition to any building or other
structur.e or impxovement now or which may hereafter be erected or install~d .
upon the mortgaged~property, or any part tbereof, except the improvements
required to be made pursuant to Paragraph 3 bereof, nor will tbe Mortagor
use, or permit or saffer the use of, any of the mortgaged property for any
purpose other than the purpose or purposes for whicb the same is now in-
tended to be used, without the prior written conaent of the Mortgagee.
The Mortgagor will maintain ~he mortgaged propert~r in good condition and
state of repair and will not suffer or permit any waste to any part.thereof,
and will promptly comp~y with all the requireme~ats of Federal, state and
local governments, or of any departments, divisions or bureaus thereof,
pertaining to such~property or any part thereof.
5o The Mortgagor will not voluntarily create, or permit or suffer to
be ereated ar to exist, on or against the mortgaged property, or any part
thereof, any lien superior to the lien of thi9 Mortgage, exclusive of tbe
lien or liens, if any, to which this Mortgage is expressly subject, as set
! forth in the granting clause above, and will keep and maint~in tbe same
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E free from the claims of all parties~supplying labor or materials which will
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enter into the construction or installation ot tbe Improvements.
6. (a) The Mortgagor will keep all buildings, other structures and
improvements, including equipment, now exieting or wbich may bereafter be
erected or installed on the land mortgaged hereby, insured against loss by
fire and otber hazards, casualties and contingencies, in such amounts and
~~anner, and for such geriods, all as may be required from time to time by
the Mortgagee. IInless otherwise required by the Mortgagee, all such in-
surance shall be effected by Standard Fire and Extended Coverage Insurance
policies, in amounts not less than necee9arq to comply with the coinsur-
ance clause percentage o~ the value applicable to the location and charac-
~
~ ter of the property to be covered. All such insurance ahall be carried in
companies approved by tbe Mortgagee and all policies tberefor sh~ll be in
such form and sY,all have attached thereto loas payable clauaes in favor
of the Mortgagee and~any otber parties as shall be satisfactory to the
:~ior~gagee. All such policies and attachments tbereto sball be delivered
promptly to the Mortgagee, ut~less tbey are required to be delivered to the
~:older ot a lien of a mortgage or similar instrument ta which this Mort-
oage is expressly subject, in which latter event certiYicates tbereoY,
_ ~180 ~~4~
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