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Home My WebLink About2428 books reserves (segregated to the extent required ~y . sound accounting practice) deemed adequate with zespect thereto by its certified public accountants, and notify Mortgagee immediately of the contest and of all subse- quent progress thereon. Subject thereto, Mortgagor shall deliver to riortgagee, on or before December 1 of each year, all tax receipts evidencing payment o~ all taxes, assessments and other governmental charges. In addition, Mortgagor shall pay all Iiens for public improvements ~ within ninety (90) days after the same shall become due ' and payable, and shall pay or discharge, within ninety i s ; (90) days after the due date, any and all governmental ~ levies that may be made on the mortgaged property, on ~ this mortgage and the obligations secured hereby or in 3 ~ ~ any other way resulting from the mortgage indebtedness ~ ~ ~ secured hereby. Proof of payment of such liens shall ~ ~ be forthwith delivered to the Mortgagee. If the pay- ; ments required on any of the foregoing shall not be ~ ~ promgtly paid, Mortgagee may, at any time either before ~ ~ ~ or after delinquency, pay the same without waiving or affecting the option to ~oreclose, or any right here- i under, and every payment so made shall bear interest ° from the date thereof at the maximum legal rate. 5. Mortgagor shall perform and fulfill in advance ~ all covenants in superior encumbrances, if any, on any ;;y - 6 - °so~x 222 r~~~ .