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- acquiz•ed by the Company after the date hereof (except any herein
~ . or in the 11Soz•tgage, as hei•etofore suppleinented, - expressly excepted)
~ shall be and are as fully grantec~ ancl conveyed hereby anci as fully
embraced ~~ithin the Lien of the ~Ioz•tgage, as if sach pz•opertS?, rights
, and franchises ~rere no~v a«me~ by the Comi~any aizd n~ei•e specifically
described herein and conveyed he.•eby. ~ -
- PROVIDED that -the follotiving are not and ar~ not intended to be no~v
oz• hereafter gi•anted, bargained, sold, released, conveyed, assigned, ~ - -
- tz•ansferZ•ed, mortgaged, pledgecl, set ovei• or confirmed he~•eunder and
are hei•eby expi•essly exceptecl f~•om the Lien and opei•atian ~ of this
. _ Thirty-first Supplemental Indenture and fi•om the Lien and operation
of the R~Ior~gage, as heretofore supplemented, viz 1) ~ cash, shares
of stock, bonds, notes and othei• obligations and othei• seeurities not
hereafter specificalIy pledged, paid,' deposited, detivered or held unc.ei•
the l'Ioi•tgage oi• covenanted so to be; (2 )~nerchandise, equipment,
materials or supplies held for the purpose of ~aIe in t.he usual course
- of business and fuel, oil und similar materials and supplies consumable ~
in the opei•ation of any properties of the Company; rolling stock, buses,
motor coaches, automobiles and othei• vehicles; ( 3) bills, notes -and
accounts recei~~able, and all contractG, leases and oPei•ating agreements
not specifically pledged under the 11Zortgage or covenanted so to be;
. (4) the last day? of the tei•m of any lease or leasehold «~hich may
. hereaftez• become subject to the Lien of the lZortgage; _(5) electric
~ - energy, gas, ice, and other matei•ials or p2•oducts ger_erated, manufac- ~
: tui•ed, produced oi~ pui•chased by the Coinpany for ~ sale, disti•ibution
oz• use in the ordinary course of its business; all timber, minerals,
mineral rights anci - ro,yalties; i G 1 the Company's franchise t~ be a
coi•goration; and ( 7}= the propei•ties aIready sold or in the proeess
„ of being sold by the Com~;any and heretofore released from the l~ort-
gage and Deed of Trust, dateci as of Januai•y 1, 1926, from Florida
~ Power" & Light Company to Bankers Trust Cornpany and The Florida
~ National Bank of Jacksonville, Trustees, and specifically described in- - -
thi•ee sepai•ate releases executed by Bankers Trust Company and The -
~ Florida National Bank of Jacksom~ille, dated July 28, 1943, October
6, 1943 and Decenlber 11, 1943, trhich i•eleases have heretofore been
_ deliv~red by the said Ti•ustees to the Company ancl i•ecoz•ded by the
_ Company among the Public Reeords of all~ Counties in ~hich such ~
properties are located; provideci, ho~ce~fer, that the property and z•ights
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