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~ ~ --. 3 '~EREAS, alI things necessary to wake the said Bonds, when authenticated by the Trustee and issued as in this Mortgage provided, the valid, binding, and legal obligations of the Issuer according to the imp..rt thereof, and to constitute this Mortgage a valid lien on the properties mortgaged, subject to the. Lease and Agreement with the Company and a valid pledge of the revenues herein made to the payment of the princi»al of and interest on said Bonds, have been done and performed, and the creation, exe- cution, and delivery of this Mortyage, and the creation, execu- tion, and issuance of said Bonds, subject to the terns hereof, nave in all respects been du1•~ authorized. NOW, THEREFORE, KNOW ALL MEN BY THESE PttESt'.NTS: THIS MORTGAGE AND TRUST INDENTUR.~: WI"rNESSE•I':i: That the Issuer, in consideration of the premise: and the acceptance by the Trustee of the trusts hereby creatPCi ans',i ~c:f the purchase and acceptance of the r3on.ls by the Holders and Owner2 thereof, and of the sum of One Dollar tSl} lawful move, of the United States of America, to it duly paid by the Trustee at ar before the execution and delivery of these present, ~n=3 f:~r other goad. and valuable consideration, the receipt of which ks here'bv ac„kr~awledged, in or3er to secure the payment :~f t~~e orineipal o€ al+~ interest on the Winds at=ca=,ding t~ their te::or a. efFegt, "•,~' the performance and observance by the lssuer =a[ alI the ~~k=~ryant=~ expressed or implied herein and in the Bands, ~3c~ee hertrtzy Irani , bargain, sell, convey, mortgage, pledge, and grant a secueity interest unto the Trustee, and unto its sueceasors in trust, an,t to them and thei r alai"ins: forever, for the secur in+a cif the c~c- formance of the obligations of the Issuer hereinafter set forth, the following: 1. All right, kitle, and interest cif the I9succ in an# to the real estate specifically described in Exhitzit A attache=l hereto, whether now owned or hereafter accluieed, an~i together wi*n shy and all improvements now ar hereafter located thereon. xii