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<br />pal, on the note. Registration of any note, ho"iyer,
<br />shall not affect the transferabilit� of ally coupon thereto
<br />belonging, by deliver- merely, and payment to the bearer
<br />of any such coupon shall discharge the Company in re-
<br />spect of the interest therein mentioned, whether or not
<br />the note shalt have been registered.
<br />Sl:(.. 1. I'he Company will, from time to time, pay and
<br />discharge all taxes, a,!zsessImnits, nllpost3 and goverll-
<br />meutal charges laNvfully imposed upon the mortgaged
<br />property, or upon any part thereof, or upon the ineoine
<br />or profits thereof, so that the lien and priority of this
<br />Indenture shall he full- preserved in respect thereto;
<br />provided, ]loNveyer, that nothing contained in this Section
<br />shall require the Company to pay any such tax, assess-
<br />ment, impost or charge, so long as the Company shall
<br />in good faith and by appropriate legal proceedings con-
<br />test the validity thereof, or its being a charge on the
<br />mortgaged property, and provided also that such delay
<br />in payment shall not subject the nlort'gaged property, or
<br />any part thereof, to forfeiture or sale. If the Company-
<br />shall fail to keep this covenant, the Trustees, or either of
<br />them. naay. and upon the request of the holders of one or
<br />more of the notes secured hereby, and upon being pro -
<br />vided with adequate funds for that purpose, shall. «itln-
<br />out prejudice to the ri,•hts arising, by reason of such de-
<br />fault, pad- such taxes, assessments and charges; and all
<br />arnonntg so Imid, with interest thereon at six per centnnn
<br />per annum, shall be a chargo upon the mort,aged prop-
<br />erty prior to the notes secured hereby, and may be forth -
<br />1vith sued for and recovered of the Company- in an appro-
<br />priate action for that purpose.
<br />Sr,c. 4. The Company covenants and a,rees that it
<br />will at any and all times, upon the w rRten request of the
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<br />Trustee,, or either of them, (a) furnish to them,
<br />or either of them, in such unanner as they, or either
<br />of them, may reasonably require, n statement or
<br />statements, in writing, show-ing accurately its financial
<br />condition, with detaiLod information as to the assets and
<br />liabilities of the Co ipany, and its monthly earnings and
<br />operating_; expenses; (b) hermit tine"', or either of them,
<br />or their, or either of their, clerks, agents, or auditors, for
<br />that purpose duly authorized, at the expense of the Com-
<br />pally, to inspect its boobs, accounts, papers, documents
<br />and memoranda, as Avell as its plants and properties, and
<br />to take from its books, accounts, papers, documents and
<br />memoranda s11ci1 extracts as may be. deemed expedient;
<br />(c) furnish to them, or either of them, an accurate and
<br />complete detailed statement or list of all or any part of
<br />the property- of the Company at any time subject to this
<br />Indenture; (d) furnish to them, or either of them, a de-
<br />tailed statement of any construction -work being carried
<br />on by or for the Company, Tyith full information as to the
<br />amounts expended and to be expended in and about the
<br />same; and the Company further covenants that on or
<br />before the first clay of April in each year it will file ivit.h
<br />the Trust Company a fill] report of its assets, liabilities,
<br />earnings and expenses made by a chartered accountant
<br />approved by the Trust Company, showing, the financial
<br />condition of the Colnpany as of tha ;1st day of December
<br />next preeeding, and covering the (gwmtbns of the Colny
<br />pally for the tvyelve calendar 111011th,4 cndin,, on Said date.
<br />Sr(-. -. The Congmry covenants that it is w-cll seized
<br />of the real estate and other property above described
<br />as of ,,-ood, absolute, and indefeasible estate, and that
<br />said property is free and elear of any ineumbrance,
<br />Hen or charge, except the lien of the underlying mort-
<br />
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