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WH~atE~s, Section 120 of the Mortgage provides, among other things,
that any power, privilege or right expressly or impliedly reserved to or in any
way rnnferred upon the Company by any provision of the Mortgage,
v?hether such power, privilege or right is in any way restricted or is
unrestricted, may be in whole or in part waived or surrendered or subjected
to any restriction if at the time unrestricted or to additional restriction if
already restricted, and the Company may enter into any further covenants, -
limicauons or restricauns for the benefit of any one or more series of bonds
issued thereunder, ur the Company may cure any ambiguity contained
cherein, or in any suppiemental indenture, or may establish the terms and
~ provisions of any series of bonds other than said first series, by an inswment
in v~riung executed and acknowledged by the Company in such manner as
wouiu or uccr~a~r t~ ~;,u.,e a canieyance of real estate to record in all of
the states in which any property at the time subject to the Lien of the
:4tortgage shall be situated; and _
Wtt~tt~?s, the Company now desires to create a new series of bonds and
to add to its covenants and agreements contained in the Mortgage certain
other covenants and agreements to be observed by it and to alter and amend
i in certain respects the covenants and provisions oontained in the Mortgage;
~ and .
~ WH~tt~r?s, the execuuon and delivery by the Company of this Twenty-
s
` seventh Supplemental Indenture, and the terms of the bonds of the Twenty-
~ eighth Series, hereinafter referred to, have been duly authorized by the
~ Board of Directors of the Company by appropriate resolutions of said Board
~ of Directors;
~ NOW THEREFORE, THIS INDENTURE WICNESSETH: That the Company, in
~ consideration of the premises and of One Dollar to it duly paid by the
~ Tnucees at or before the ensealing and delivery of these presents, the receipt
whereof is hereby acknowledged, and in further evidence of assurance of the
~ estate, tide and rights of the Trustees and "in order further to secure the
~ payment of both the principal of and interest and premium, if any, on the
~ bonds from time to time issued under the Mortgage, acoording to their tenor
and eB'ect and the performance of all the provisions of the Mortgage
( including any instruments supplemental thereto and any modification -
made as in che Mortgage provided ) and of said bonds, hereby grants,
~ bargains, sells, releases, oonveys, assigns, transfers, mortgages, pledges, sets
x over and confirms ( subject, however, to Excepted Encumbrances as defined
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