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claims and demands of inechanics, materialmen, laborers, and ?
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• j~-~.+ .-ea., 7* s n_ nr c~~rmit the
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creation of, a lien on the Mortgaged Premises or any part -
thereof, or on the re~renu~s, rents, issues, income and
profits, if any, arising therefrom and in general will do '
or cause to be done everythinq necessary so that the lien
hereof shall be fully preserved, at the cost of the Mortgagor,
without expense to the Mortgagee. '
(c) Nothing in this section 6 shall require the ~
payment or discharqe of any obligation imposed upon the `
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Mortgagor by this Section so long as the Mortgagor shall f
in good faith and at its own expense diligently contest the
same or the validity thereof by appropriate legal proceedings
preventing the collection of the obligation and the sale
or forfeiture of the Mortgaged Yremises o~ ~iiy ~a~i ~ia;.e~~
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to satisfy the same. During such contest the Mortgagor ~
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shall, at the option of the Mortgagee, provide security t
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satisfactory to the Mortgaqee, assuring the discharge of ~
the Mortgagor's obligation hereunder and of any additional ~
charge, penalty or expense arising from or incurred as a
result of such contest. If at any time payment of any
obligation imposed upon the Mortgagor by subsection (a)
of this Section shall become necessary to prevent the delivery
of a tax deed conveyinq the Mortgaged Premises or any portion
thereof, then Mortgagor shall pay the same in sufficient F
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time to prevent the delivery of such tax deed. f
7. (a) The Mortgagor will keep any improvements ~
on the Mortgaqed Premises insuzed against loss by fire,
casualty and such other hazards as may be specified by the
Mortgagee for the benefit of the Mortgagee. Such insurance
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Q~K~„~O PACE V11~
PAUL S 7MOM°JON, f3~4 FtRST NATIONAL DANK BU1lDIN6, MIAM1, FLORIDA 3313)