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HomeMy WebLinkAbout0546 , ~ 1~~~iL~~~:2...~ ;) ~. 8:Y~ 45 fH-f 54 ~i \1. lU(il (;u!,n, HA. H.xPRES~iLY r:XCEP'I'n~O AND EXCLUDING, how(~ver' t from t.hla lrlfth Supplemental lndcntuI'-..J a.!ld [l'om the 11~n:,llHl operl!. tlon of tho In(1enture: A. ftr~ Eu\d all property expreeely excepted find e'1.cluded fl')1U th.-: In66ntu~ -Uld from the lion and operation thereof; Md B. all \WOPtH'ty which haf\ been releaaed by the Trustees or otherwise disposed of by th~ Compa- ny free from the .lien of the Present Indt:mb.u~, in accQrdanoe with tho provisions t.h~I"eof; pI'>')vided, however, that the exoepted property dcecrlbcd 1n paragraph A fiOO,ve 6hall (to th~ extent p<.:H"1nitted by law) cenoe to hI) excepted and excluded as prov~dJd In th~ Orl.g1nul Indfo:mture. TO HAVE AND TO HOLD the tt"'U6t 6atat{, and all and t'!1ngl"llar the 8ald land6, provertieB, oatates. I'lght6, franchiacs, pr1vilegca and appurtenances mortgageoJ con.. veyed J pled.gt:d or a851gned by the Compa.ny ae aforesaid I or intended ao to be, unto the Tr~ateee and their reepect1.vo aucce3Bora 1n trutlt and to their !lsf.dgnb # forever. SUI~1::CT 1 HO~1;;VER I to the except1.one I l'eaer-vationo I reutrlctlons, oondltionD, limitations, co....enants ul\d mattore reo1 ted in the Schedule of ~rtgaged properties set forth in the Pr-eeent Indenture and in Artlole Five of this Fifth supplemental l)ldenture and topermJ.tted encumbrance n ao de fined 1n Section 1.41 (d' the Original Indenture. nUT IN TRUST, NEVEJlT"rlEl..E3S, for the equal and pI'o- po:ptionate U3C1 benefit, Becul"'ity and protection of thor)!) who from time t.o time ahall hold the funds and coupon-a authenticated and dellveX'ed under the Indentu!,Q, $.nd duly leaued by the COinpany j 'tr1tt-nut 1U1jt d1i$crimi.natlonj prel'f:H'- ence or priority of a1\Y one Bond or Cou~i()n over any other by N::n80n of priority in the tUne of' iseue.. Rale or negotla~ion thereof or other'wiee ~ except as provid~d in Scotion 12.26 of the Original Indenturol 80 that, Gubject to 8a1d Seotion !, ..., '"11'.. ;;