Alachua County Clerk of the Court Seal Alachua County Clerk of the Court
J.K. "Jess" Irby, Esq. - Clerk of the Court
Historical Records
Deed Record T
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Deed Record T Page 189
to accept the same the amount payable to him
for principal interest and premium at the date
of such payment without waiting for the time
at which the principal money secured by the
debenture or debentures held by him will become
due according to the terms thereof and the company
do hereby grant to the Trustees that as often as
it shall happen that interest to the amount of
Five Thousand pounds on the said debentures shall
be in arrear for thirty days after any of the days by
the said debentures appointed for payment thereof
and before the Trustees shall have entered upon and
taken possession of the mortgaged premises or any
of them it shall be lawful for the Trustees into
and upon the same premises or any part thereof
to enter and for the interest and the arrears thereof
due on the said debentures and the costs and ex-
penses of the Trustees incurred by the nonpayment
thereof and by distraining may be satisfied
And it is hereby further declared that after the
Trustees shall have entered upon and taken poss
ession of the mortgaged premises or any part
thereof and until the same shall be sold under
the trust in that behalf hereinbefore contained
it shall be lawful for the Trustees to carry on any
business thereon which the company is authorized
to carry on thereon and manage and conduct
as they shall in their discretion think fit and
for the purposes thereof to employ such agents
managers accountants and others upon such terms
and with such salaries as they shall think proper
and to repair and keep the said premises in
repair and to provide and renew such
stock-in-trade materials or effects as shall in their
opinion be necessary or desirable for more
advantageously occupying or using the said premises
or any part thereof on carrying on any such busi-
ness as aforesaid and to insure the said premises
or any part thereof against loss or damage by fire
or other wise in such services as they shall think
fit and generally to do or cause to be done
Transcribed by Karen McColl 1 May 2023
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