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sr, IUC~ COUNtY. FLA.
AItTTC:i.F TL*.'n .
THE MORTGAGE BONDS
Sec, 2.1 The initial aeries of Bonds to be issued hereunder shall be Sula "A"
designated "first Mortgage 6°'o Series 'A' Bonds" and shall be in substan-
tially the form, and in all material respects of the tenor, hereinbefore
recited. Series "A" Bonds not exceeding ~22,fi00,000 in aggregate prin-
cipal amount may be executed by The Company and delivered to the Trus-
tee for authentication, and the Trustee shall thereupon authenticate and
deliver said Bonds, in each case to or upon the Order of The Company,
without any further corporate action by The Compsny, and without await-
ing the recordation, registration, or filing of this Indenture,
Sec. 2.2 Additional Bonds of different series may be issued, pursuant Otiu Sums
to a Supplemental Indenture, from time to time when necessary or ap-
propriate for lawful objects within The Company's corporate purpose, as
authorized by its Board of Directors and by Competent Governmental Au-
tl~oi•ity; but with respect to the lien hereof, all Bonds of all series shall
be equally secured. The aggregate principal amount of the additional
Bonds of any one series (other than Series "A"), or of all series, which
may be issued shall not be limited except as required by law; provided,
however, that the aggregate principal amount of Bonds which may be
issued, the proceeds of which are to be used for, or for reimbursing The
~,~,pany for; Ariditinna ~r RAt.tA?'fY1PhtA, may not exceed ?l;O,~ of tiro not
cost thereof, less the aggregate principal amount of any debt obligation
(other than Bonds) incurred or assumed by The Company in connection
therewith.
Sec. 2.3 All Bonds of the same series shall be identical in tenor and fuw ~f
substantially in the form hereinbefore recited, modified in the text of dads
Bonds, other than Series "A" Bonds so as to express appropriately and
fully the terms and conditions of the Bonds and of the Supplemental In-
denture executed with respect thereto. The date specified in every PLlly
Registered Bond from which the same ahaU bear interest shall be the
Semi-annual interest-payment date coincident with, or next preceding the
date of authentication. Coupon Bonds and billy Registered Bonds shall
be distinguished by appropriate letters, numbers, or symbols adopted by
The Company and approved by the Trustee. Series "A" Coupon Bonds
shall be dated as of the date hereof and Coupon Bonds of all other Series
shall be dated as of the date of the Supplemental Indenture providing for
their issuance.
Sec. 2.4 All Bonds shall be executed on behalf of The Company by ~.~^d~~
its President or one of its Vice Presidents, attested by its Secretary or
one of its Assistant Secretaries under its corporate seal, facsimiles of any
of which may be imprinted thereon, and shall be delivered to the Trus-
tee fo_r authentication by it. In case any of the officers of The Cnm-
pany who shall have executed any Bond shall cease to be such officers
before such Bord has !;°rn s,~tl:e.^.ti^..w+~ or dc'.i:•c:^c3, such :?:,:.d :.s.er-
theless may be authenticated aud; ~r delivered. Any Bond may be executed
and sealed on behalf of The Company by such person as, at the actual date
of execution of such Bond, shall be a proper officer of The Company, al-
though at the nominal date of such Bond such person shall not have been
such officer of The Company. The Coupons to be attached to Coupon Bonds
shall bear the engraved facsimile of the signature of the present or of any
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