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<br />g~.,., ~~~1 f~ <br />have a lien secured'by tais mortgage fore: the amount so <br />advanced with interest thereon at the rate of ~~ ~ per <br />annum. <br />15. ImP,rovements-on mortgaged premises. i3ortgagor <br />may make, at his own expense, any alterations or improvemenfis <br />in or os the mortgaged premises, that he may deem necessary <br />or desirable for his purgas2; provided, howevea, the hiortgaQOr <br />shall f-first have-submi ted planes of `the proposed alterations <br />6r improvements to the Mortgagee and: shall have'receved <br />written..:approval for the.'making of such. alteratian or <br />improvements;- such approval w ll not be unreasonably withhe d. <br />Should the Mortgagor desire to-make.-any such alterations ozr <br />improvements, the Mortgagor shall prior to making the>same, <br />indemnify the Mortgagee against constructian, mechanics or <br />material Bans and shall make all such alterations or'm- <br />pYOVements in accor3ance with aIi requirements of law and <br />..focal regulations. <br />lEr. Safe of mortgaged premises. f'ortgagor sha11 <br />have ehe right to;sell, 'convey, cosstract, or in any other <br />manner transfer 'the title to the Montgaged'Premses, however, <br />:such transfer of title shall be with the w(ri.tten consent of <br />the Mortgagee, such written consent not to be unreasonably- <br />withheld. Z!he Mortgagor shall without the written consent <br />of the Mortgagee have the right to transfer the, tit le to <br />the `!or gaged Premises to-a limited, partnership known-as <br />"Grand Lsland *lobile Flonae,Gommunity Limited" or: any other <br />- 9 - <br /> <br /> <br />~~ <br />