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immediately and forthwith deposit into said fund such ,
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funds as may be necessary and to procure receipted bills '
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and full and final waivers of lien when the said work shall '
have been completed and done.
D. The originals of all such policies shall be de-
livered to Lessor by Lessee along with the receipted bills `
eviaencing the fact that the preminms therefor are paid;
but nothing herein contained shall be construed as prohibi- ~
ting Lessee from financing the premiums where ~he terms oF
the policies are for three (3~ years or more, and in such
event, the receipts shall evidence it to be the fact that
the installment premium payment or payments are paid at or
before their respective maturities. Where, however, there
is a mortgage on the premises,and if under the terms of
such mortgage or mortgages, it is obligatory upon the
Lessee to cause the originals of such policies to be '
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delivered to the mortgagee, then Lessee shall deliver such ~
originals to the mortgagee and shall deliver to Lessor ;
certificates of such policies. The said policies or
certificates thereof, as the case may be, together with
evidence of the fact that the premiums have been paid as ~
aforesaid, shall be delivered by Lessee to Lessor before ~
the expiration of the then corresponding insurance cover-
age, to the end that Lessor may be assured
that such coverage is being carried by the Lessee con-
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tinuously.
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IX.
LESSEE'S DUTY TO PAY INSURANCE PREMIUMS
A. Lessee covenants and agrees with Lessor that
Lessee will pay the premiums for all insurance policies
which Lessee is obligated to carry under the terms of this ~
~ - lease and
will deliver the said policies and the evidence
of payment to the Lessor within the time hereinaf ter
limited.
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