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Pxnrp~xly excented from the Lien and operation of the Mortgage in
the above subdivisions ( 2) and ( 3) shall ( to the extent permitieu
by law) cease to be so excepted in the event and as of the date that
either or both of the Trustees or a recei~~er 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.
To HavE Atvn To xoi.n all such properties, real, personal and mixed,
granted, bargained, sold, released, conveyed, assigned, transferred,
mortgaged, pledged, set over or confirmed by the Company as aforesaid,
or intended so to be, unto Florida First National Bank of Jacksonville,
the Co-Trustee, and (to the extent of its legal capacity to hold the same
for the purposes hereof ) to Bankei•s Trust Company, the Corpo-
rate Trustee, and its and their successors and assigns foz•ever.
IN TRUST NEV~RTHELESS, for the same purposes and upon the same
terms, trusts and conditions and subject to and with the same provisos
and covenants as are set forth in the Mortgage-, as heretofore supple-
mented, this Thirty-first Suppjemental Indenture being supplemental
thereto.
AND IT IS HEREBY COVENANTED by the COmpariy that all the termS,
conditions, provisos, covenants and provisions contained in the Mor~
gage shall affect and apply to the property hereinbefore described and
oanveyed and to the estate, i•ights, obligations and duties of the Company
and Trustees and the beneficiaries of the trust with respect to said prop-
erty, and to the Trustees and their successors as Trustees of said prop-
erty in the same manner and with the same effect as if said property
had been owned by the Company at the time of the execuLion of the Mor~
gage, and had been specifically and at length described in and conveyed
to said Trustees, by the Mortgage as a part of the property there-
in stated to be conveyed.
The Company further covenants and agrees to and with the Trustees
and their successors in said trust under the Mortgage, as follows:
ARTICLE I
Thirty-second Series of Bonds
SECTION 1. ( I) There shall be a series of bonds designated "9 ~/,.c
Series due May 1, 1984", herein sometimes referred to as the "Thirty-
: ~ . : . : ~ BooK239 Pa~~2910
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