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~ ~ ~ expressly excepted from the Lien and operation of the Mortgage in - _ ~
- the abave subdivisions (2) and (,3) shall (to the extent permitted .
by la~v) cease to be so excepted in the event ancl as of the date that _
` either oi• both of the T~•ustees or a receiver or ti•ustee shall enter - _ -
~ upon and take possession of the :llortgaged and Pledged Property in ~
the manner provided in Article XIII of the b~ortgage by i•eason of ~ ~
, ~he occurrence of a Defautt as defin~d ir, ~ecti~n 65 thez•eof.
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- To xavE ~:vn To xoLn all such properties, real, persoiial and mi~ced, -
~ _ granted, bai•gained, sold, i•eleased, conveyed, assigned, transferred, ~
mortgaged, pledged, set over or confirmed by the Company as aforesaid,
- ~ or intended so to be, unto Flo~•ida First National Bank of Jacksonville, _
the Co-Trustee, and (to the eYtent of its legal capacity to hold~the same
- foi• the purposes hereof )-to Bankers Trust Company, the Corpo-
rate Trustee, and its and t.heii• successors and assigns forever.
~ _ IN TRUST 1TEVEftTHELESS, for the same purposes and upon the same ~ j
terms, trusts and conditions and subject to anci with the same provisos ~
and covenants as are set forth in the 117ortgage; as heretofoi•e sup~~le-
. mented, this Thirty-first Supplemental Indenture being supplemental _
thereto.
AND IT IS HEREBY COVENANTEn by the Company that• al] the terms,
~ conditions, pro~~isos, covenants and pro~~isions contained in the il7ort
gage sha11 affect and apply to the property hei•einbefoi•e described. and
- conveyed and to the estate, rights, obligations and duties of the Company
and Trustees and t.he beneficiaries of the trust ~ith respect to said prop-
: ea•ty, 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 o«rned by t.he Company at the time of the e~ecution of the llort-
gage, and had been specificall,y and at length described in and convey~ed
- to said Trustees, by the Mortgage as a~~art of the property. there- .
in sfated to be conveyed. ~ . .
The Company fui•thei• covenants and agi•ees to and ~~ith the Trustees
_ and their successors in said ~rust under the i~'Iortgage, as folto~vs:
: ARTTCLE I , -
- _ - Thirty-second Series of Bonds ~
- ~ SECriov 1. (I) There shall be a series of bonds t~esignated "9?!ti%
. Series due May.l, 1984", herein sometimes referred to a~ the "Thii•ty- .
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~_.X-. t. . - - _
. ~ . ~ ; ~ : t . _ - ° R 239 pA~E2910 -
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