HomeMy WebLinkAbout0254 feder~al, state, county, and mur?icipal stamp taxcs and other taxes,
duties, imposts, assessmenfis and charges arising out of or in
connection with the executton and delivery of the Note, this ;
i
Mortgage, any Mortgage supplement her~to, any security tnstrument .
with respect t~ the chattets ar any instrument of further
assurance.
,
ll. That the execution and delive~^y of this Morfigage has
_ _ _ ~
been duly authorized by the Board ot Directors of the Mortgagor,
and that, if required by the Certificate of Incorporation of such ~
.
~
i
corporation, the execution and delivery of this Mor~tgage has b~een
duty consented bo by the stockholders of the Mortgagor. The
~
Mortgagor will do all things necessary to preserve and keep in full }
force and effect its existence, franchises, rights and privileges
as a business or stock corporation under the laws of tfie State of ;
~
its incorpor~tion and wili comply with alt rules, reguiations, ~
ordinances, statutes, orders and decrees of any Governmental
r
Authority or court applicable to the Mortgagor or the Mortgaged
Property or any thereof,
~
12. The Mortgagor, from time to time, Twenty (20) days before l
;
delinquency, will pay and discharge ail taxes of every kind and ~
- - ;
nabure (including real and personal property taxes and income,
R ~
fnanchise, withholding, profits and gross receipts taxes), all
general and special assessments, levies, permits, inspection and
~
~
; license fees, alt water and sewer rents and charges, and all other i
; - ~
~ public charges whether of a like or different nature, imposed i
i
~
upon or assessed against it or the Mortgaged Property, or any
part thereof or upon the revenuzs, rents, issues, income and
profits of tf~e Mortgaged Property or arising in respect of the
occupancy, use or possrssion thereof. The Mortgagor will, upon ;
_
:
the request of the Mortgagee, deliver to the Mortgagee receipts ~
~
f ~
~
-9-
BO~S P1t~i ~~J'.t
,
~
_ . r _ -