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BOOK 1 (~
ST. IUCIE COUNT'. FLA.
ARTICLE EIGHT
THE TRUSTEE
Sec. 8.1 The Trustee hereby accepts the trusts herein created, sub- Aea/t~e~
ject to all of the terms and conditions hereof, and Prior to Default shall
be liable only for the performance of such duties as are specifically set out
in this Indenture; but after Default will truly exercise its rights and powers
and perform and discharge its duties with the same degree of care as a
prudent man would exercise or use under the circumstances in the conduct
of his own affairs.
Sec. 8.2 No provision of this Indenture shall be construed to relieve Lbrility
the Trustee from liability for its own negligent act or omission, or wilful
misconduct, provided, however, that the Trustee shall not be responsible
or liable
(1) For error of judgment made in good faith by a responsible
officer or officers of Trustee where it was not negligent in ascertain-
ing the pertinent facts;
(2) For any action taken or omitted in good faith in accordance
with the direction of the holders of a specified percentage in principal
amount of the Bonds Outstanding when, under any provision hereof,
the Trustee is required so to act; or for exercising any right or power
conferred upon the Trustee hereunder; or for failure to take any ac-
tion upon the request of any Bondholder unless said Bondholder shall
furnish indemnity satisfactory to Trustee against any expense or
liability to which Trustee might be subjected on account of such
action ;
(3) For any act or omission Prior to Default iri the performance
of any right, power, duty or obligation which is not specifically set
out in this Indenture; and during such period it may conclusively rely
in good faith as t~, the truth and accuracy of the opinions and state-
ments expressed in a Certificate, Opinion, Order, Demand or Request
required or permitted to be given, made upon or of it in this Indenture;
(4) For the recitals and statements contained in this Indenture
and in the Bonds and Coupons, nor for the legality or validity of this
or any Supplemental Indenture, or of said Bonds or Coupons or of any
instrument of further assurance;
(5) For any covenant or representation of The Company re-
specting the rights of the Bondholders, or the title or interest of The
Company to or in the Mortgaged Properties, or the validity of any
assignment under which any Securities held hereunder were acquired
by The Company or assigned to the Trustee, or the sufficiency of the
security afforded by the Mortgaged Properties;
(6) For the recording, registration or filing of this Indenture
or of any Supplemental Inden±ure or of any instrument of further
assurance or of any deed or mortgage which it may receive hereunder,
for the protection and preservation of the lien hereof ~r thereof, or
for the affixing or cancell::tion of any revenue stamps:
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