PROVIDED HOWEVER, that during the term of this mortgage, the
Mortgagor shall not sell, transfer or assign or in- any way deal
with the Property. which {fs the security for this mortgage,
without first securing the written. consent ef the Mor tgagee te
such sale. It is understood and agreed that all. terms and
conditions relative to any proposed Sale shall be submitted to
the Mortgagee together with such financial information pertaining
to the proposed Purchasers’ as. the Mor tgagee in their. absolute
discretion may require. For the purposes. of this provision, .a
sale fhall be deemed. to include any share transfer which
effectively alters the beneficial ownership of all or any one of

the corporate regis stered owners.

IN THE EVENT. that a binding sale {is entered into without the

'

prior written consent of: the Mortgagee, or in the evertt that, any.
company share or shares of the borrowers shall be sold, assessed,”
pledged or hypothecated in any way, wLthout the written consent
of: the. ‘Mor tgagee first being obtained, then the whole balance of
peincipal. and interest and any~ other charges then’. outstanding

shall forthwith become due. and payable at. the’ option. of, ‘the.

Hortgagee.
“AND FURTHER PROVIDED that if, so long as any money -is .hereby
_ secured remains outstanding. and unpaid, ‘the Mortgagor do pay all)
rents’ reserved -ang payable in “respect of the. term. of years:
granted by the Lease, and all rates, taxes and charges. whatsoever.
‘payable upon. or La respect of the said lands and all premiums of”
insurance upon the buildings onthe said lands and. all payments
“which are or ‘may be payable in respect of. or: in consequence of -
anything contained in. the. Lease, and observe- and’. perform all
covenants provided and conditions therein and herein “gontained,
then this Indenture. shall be void and the term hereby “granted ©
shall cease and be determined.
In compliance with the “Interest Act", IT IS HEREBY DECLARED
that the principal sum to be advanced under this Indenture Is the”

sum of ONE MILLION ($7,000,000.00) DOLLARS. and the ‘pate of

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