Insurance of the Collateral. 7.1 The mortgagor shall effect the insurance for the collateral at the request of the mortgagee and designate the mortgagee as the first beneficiary. The original insurance document shall be delivered to the mortgagee for storage.
Appears in 8 contracts
Samples: Mortgage Contract (China Shenghuo Pharmaceutical Holdings Inc), China Shenghuo Pharmaceutical Holdings Inc, China Shenghuo Pharmaceutical Holdings Inc