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HomeMy WebLinkAbout0272_0087privileges and franchise* owned, by it at the time of the delivery Of this ;IAOntura, an& that it has lawful authority to mortgage the same as pravided In OnA by this Ianden tare• FrMPIN Zt That It will pay the principal anA inter. *at of all the b*rA* duly issusb hereunder, aoetording to tho teras hereof, BrCtIOM 61 Ghat it will not +rasato any lies upon saiti proparty', or any part thereof, or the income ths"froee, prior to the lines of theso presents, and within two months after the sea* shall aamo it will poy, or etauxe to be discharged, or will make adequate provision to satisfy an& dieaharge all lawful e laims azA to ds for lebor, materials, supplies or other ob- Jests which, If unpaid, ai6tt ley law be given preosdenoe to this 13DENTURS as a Ilea or charge "on the mortgaged property, or the incomm thereofi provided* bowever, that nothing in Via me*-* tion containel sbal'� require tiao rorteagoar to acquira or sausa to be paid or disoharged, or to mai* provision for any such prior Ilea or charges, or to conform to such arequi,rsmentse ewrsnants, terms or eonditionas,, so lon4 as the validity tbe"of shall be sontestat In ,good faith by a;,propri^tee legal proaeedirags; and,,, provillsd, further, that such sesu ritzy for the payment thereof shall to given as the TRUSTES my arequire i and, that it w111 not suffer wV matter or thing wa-areby the lion tbareof, eight or abuld be im-- paired. 5rMON e ° a t it will heap all the property which is at any tines oove re4 bj this Indenture, which is not fireproof„ an& which is a character usually Insured, insured, against loss or Damage by fire, to a reasonable aniount, by reputable Insurance companies, Loss to be rode payable to the =13=9 as its interest may appear„ and will cause sold policies, to be delivered to the TRUSTEE* All monies aollaeted from any such insosax>see shall