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Pttov~neo that the following are not and are not intended to be now or
hereafter granted, bargained, sold, released, rnnveyed, assigned, trans-
ferred, mortgaged, piedged, set over or confirmed hereunder and arc hereby
expressly exc~epted from the Lien and operation of this Thirtieth Supplemen-
tal Indenwre and from the Lien and operatian of the Mortgage, as _
heretofore supplemented, viz: ( 1) cash, shares of stock, bonds, notes and
other obligations and other securities not hereafter specifically pledged.
p~id, deposited, delivered or held under the Mortgage or covenanted s~~ to
be; ( 2) merchandise, equipment, materials or supplies held far the purpc~sc
oP sale in the usual course of business and fuel, oil and similar materials and
supplies rnnsumable in the operation of any properties of thc Company:
rolling stock, buses, motor rnaches, automobiles and other vehicles; ( 3)
bills, notes and accounts rereivable, and all contracts, leases and operating
agreements not specifically pledged under the Mongage or ~rvenanted so to
be; ( 4) the last day of the term of any lease or leasehold which may
; hereafter become subject to the Lien of the Mortgage; I S) electric energy,
€ gas, ice, and other materials or products generated, manufactured, produced
or purchased by the Company for sale, distribution or use in the ordinar}°
` course of its business: all timber, minerals, mineral rights and royalties; ( 6)
~ the Company's franchise to be a cor~ration; and ( 7) the properties already
~ sold or in the process of being sold by the Company and heretafore released
e from the Mortgage and Deed of Trust, dated as of January 1, 1926, from
F Florida Power & Light Company to Bankers Trust Company and Thc
~ Flurida National Bank of Jacksonville, Trustees, and specifically described
~ ~ in three separate releases executed by Bankers Trust Company and The
~ Florida National Bank of Jacksonville, dated July 28, 1943, October 6, 1943
= and December I1, 1943, which releases have heretofore been delivered by
~ the said Trustees to the Company and recorded by the Company among the
~ Public Records of all Counties in which such properties are located;
~ provided, however, that the property and rights expressly excepted from the
Lien and operation of the Mortgage in the above subdivisions ( 2) and ( 3)
~ shaU ( to the extent permitted by law ) cease to be so excepted in the event
~ and as of the date that either or both of the Trustees or a receiver or trustee _
shall enter upon and take possession of the Mortgaged and Pledged
Property in the manner provided in Article XIII of the Mortgage by reason
~ of the occurrence of a Default as defined in Section 65 thereof.
~
80~~~~~ PAGE1773
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