ADDITIONAL MORTGAGES

ADDITIONAL MORTGAGES. Supplemental or additional Mortgages (the "ADDITIONAL MORTGAGES"), in form and substance satisfactory to the Agent and its counsel, securing payment of the Obligations and covering other Oil and Gas Properties directly owned by Borrower, one or more of the Pledging Subsidiaries or any other Subsidiary of Borrower which are not then covered by any Mortgage as listed on EXHIBIT "B"