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to and/or used and/or occupied and/or enjoyed in connection with any prop-
eny hereinbefore or in the Mortgage, as heretofore supplemented, described.
TOGETHER wrrtt all and singular the tenements, hereditaments and
appurtenances belonging or in any wise apper~aining to the aforesaid property
or any part thereof, with the rEVersion and reversions, remainder and
. remainders and (subjcxt to the pruvisions of Section S~ of the Mattgaqe) the
tolis, rents, revenues, issues, earnings, income, products and profits thereof,
and all the estate, right, title and inierest and claim whatsoever, at law as well
as in equity, which the Company now has or may hereafter acquire in and to
the aforesaid pmperty and franchises and every part and parcel thereof.
IT IS HEREBY AGREED by tZ1C COtllpefljl t}t8t, subject to the provisions of
Section 87 of the Mortgage, ail the property, rights, and franchises acquired
by the Company after the date hereof (~acept any herein or in the Mortgage,
as heretofore supplemented, expressly ea~cepted) shall be and are as fully
granted and conveyed hereby and as fully embraced within the Lien of the
Mortgage, as if such property, rights and franchises were now owned by the
Company and were specifically described herein and conveyed hereby.
Pxovtn~n that the following are not and are not intended to be now or
hereafter granted, bargained, sold, released, conveyed, assigaed, transferred,
mortgaged, pledged, set over or confirmed hereunder and are hereby expressly
excepted from the Lien and operation of this Twenry-fifth Supplemental
Indenture and from the Lien and operation of the Mortgage. as heretofore sup-
plemented, viz: (1) cash, shares of stock, bonds, notes and other obligations
and other securities not hereafter specifically pledged, paid, deposited, deiiv-
ered or held under the Mortgage or covenanted so to be; (2) merchandise,
eqnipment, materials or suppties held for the purpose of sale in the usual
course of business and fuel, oii and similar materials and supplies consumable
in the operation of any properties of the Company; rolling stock, buses, motor
coaches, automobiles and ather vehicks; (3) bills, notes and accounts
receivable, and all contracts, teases and operating agrcements not specifically
pledged under the Mortgage or covenanted so to be; (4) the last day of the
term of any tease or leasehold which may hereafter become subject to the
Lien of the Mortgage; ( 5) electrie energy, gas, ice, and other materials or
products generated, manufactured, produeed or purchas~ed by the Company
for sate, distribution or use in the ordinary course of its business; all timber.
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