interest chargeable thereon is Seventeen and One-Hal? (17. 1/2%)

per centum per annum calculated half-yearly and not in advance.

The Hortgagor covenants that it will pay or. cause to be paid
to the Mortgagee the sald principai sum and interest and all
other sums secured at the times and {in the manner herein...
provided, and also (unless and until upon default the Mortgagee
enters into possession of the said lands or exercises the powers
to sell the same hereby granted), that it will pay the rents,
rates, taxes, charges, premiums of insurance: and. payments and.
‘perform and observe all the covenants and conditions expressed: or
implied in or by the Lease, and that it will indemnify. and save
harmless the Mortgagee against ‘payment of any such rents, rates,”
taxes, charges, premiums of. insurance and payments and against
all loss, costs, damages and forfeitures whatsoever, ‘occasioned
by, or by reason of, or -consequent: vpon any. such non- ~paynent,

non-performance or non-observance in the: premises; and further, a

that if the Mortgagor make default in payment of any | such rent,

rates, taxes, charges, premiums of: insurance or payments. and the
Mortgagee do pay them or any part thereof, ‘the Mortgagor will pay

to the Mortgagee on demand. the’ amount so. paid,’ with _intecest-

thereon, and the said lands shall stand charged therewith upon

thls security.

The Mortgagor covenants that the. Lease and all Assignments
of the Lease are at the time of the sealing, and delivery of these
presents, a good, valid and subsisting Lease - in low and: not.
surrendered, forfeited or become void or! voldable, and: that the.
rents and covenants - therein reserved: and contained have heen: duly
"paid and performed by ‘the Mortgagor up fo the day of, the date :
hereof, and that. the Hortgagor now has in itself? good right, “full
power and lawful and absolute. authority to demise and ‘sublet. the:
said lands and to grant a sub- lease in manner aforesaid ‘and

according to the true. intent and meaning of this Indenture.