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e,xpress~r eucc~epted frnm the Lien and operation of the Mortgage in
' the above aubdivisions (2) and (3) shall (to the extent permitted
by law) cease to be eo exoepted in the event and as of the date that
either or both of the Truatee~ or a receiver or truatee ahall enter
upon and take poasesaion of t~e Mortgaged and Pledged Pmperty in
the manner prnvided in Article XIII of tbe Mortgage by reason o~
the oocurrenoe oi a Default aa de8ned in Section 65 thereof.
To A~vE ~rro To xoLU all such properties, real, personal and mixed,
granted, bargained, sold~ released, oonveyed, asaigned, transferred,
mortgaged, pledged, set over or aon8rmed by t~e Company as afor~said,
or intended so to be, unto Florida Firat National Bank of Jackeonville,
the Co-Truste~ and ( to the eatent of its legal capacity to hold the same
for the purpo~es hereof ) to Bankers Truat Company, the Corpo-
rate Trustee, and its and their suc~easors and asaigna forever.
Ix Txusr x~~rrx~.~s, for the $ame purposes and upon the same _
termsy trnsta and oonditions and subject to and with the same provisos
and covenants as ar~ eet forth in the Mortgag~, as heretofore supple-
mented, this Thirty-seoond Supplemental Indenture being supplemental
thereto.
Arro iT is x~Y aovBxAx~n by the Company tt?at all the terms, _
E cond~tions, prnvisos, covena~ts and prnvisione contained in the Mor~
' gage shall affect and apply to the prnperty hereinbefore described and
c~onveyed and to the estate, rights, obligations and duties of the Company
and Trustees and the beneficiaries of the trnst with reapect to said prnp-
erty, and to the Trustces and their suocessors as Trustees of said prop-
erty in the same manner and with the same effect as if said p~operty
had been owned by the Company at the time of the execution of the Mort~
gage, and had been apecifically and at length described in and conveyed
to said Trustees, by the Mortgage as a part of the property there-
in atated to be oonveyed.
The Company further covenants and agrees to and with the Truatees
and their auccessors in said trust under the Mortgage, aa followa:
AItTICI.E I
Thirty-third Series of Bonda
S~ox 1. ( I) There shall be a eeriea oi bonds designated "9.85qo
~ Seriea due November l, 2005", herein eometimea referred to as the
BOGK 245 Pa~E2159
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