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e - Pas ment mortgages upon the Ships, together with all notes and any other indebtedness for which such mortgages may constitute “ gecurity, and shall also deliver to the applicable Contractors uy oe per ieee Go such instruments as may be necessary or desirable toe evidence we Lil = ere such release and cancellation, it being agreed that subsequent ins to such transfer of title the applicable Contractors shall not — i be required to make any payments, other than past due instalj- = a ments of principal end interest, on account of said mortgage a indebtedness or mortgages, ay ree reste ag Me eae | (0) If title to the Ships shall be transferred to - the Governnent, as provided in paragraph (a) of this Article, then all payments made prior to the date of transfer shall be retained by the Governmant, If, at the tim of the transfer of the Ships, as provided in paragraph (a) of this Article, or within three months after said tine of transfer, the unpaid balance of said Sevan Million Dollars ($7,000,000), bas been reduced to Three Million Dollars ($3,000,000) or less, wach ' aren a, , ase oy wk Acre fs ye ae oh RE PE ys ir ns : oe . are wee - gt —_ > 4 2 payments, together with said transfer of Ships, shall be ed itt aw a vee te tet h Ath halides oH con. Mg semebengnns Celene el teen een - 4 i SF RRA NEL SF A Ha HAG ae arg ds received and accepted by the Government as an alternative basis for the settlement and compromise of all litigation and all Claims by the Government against the Contractors which are -— - the subject of this agreement, In such event, the Government = “wil release and discharge the Contractors of end from any and -_-—. all liability with respect to said litigation and clains and t ae e Wes ab l* -_— Oat ee on ei elle: ‘+ we ’ at v Een ‘ ¥ \ '