Mortgage Company Limited Joint Stock Company incorporated in
England under the Companies Acts 1862 to 1880 (hereinafter called "the company")
of the one part and the said Charles Townshend Murdoch and Leonidas Moreau
Lawson and the said Jan Anne Langerheizen (hereinafter called "the they Trustees")
which term includes also the survivors or survivor of them their and his heirs
and assigns and the Trustees or Trustee for the time being of the now reciting
Indenture when and so far as the context and circumstances admitted) of
the other part after reciting that company was seized for an Estate of
inheritance in fee simple of the lands situate in the State of Florida
in the United States of American therein described granted and assigned
unto the Trustees their heirs and assigns (among other things) the said
lands To hold unto and to the use of the then Trustees their
heirs and assigns. Upon certain trusts therein set forth being trusts
for securing to the holders of certain debentures therein mentioned
the principal moneys interest and premiums payable thereunder
in manner following that was to say. Upon trust that until some
default should be made in payment of some principal moneys
secured by the said Debentures or in the payment of some interest
or premium on the said Debentures for the period of Three Calendar
months after such principal moneys interest or premium 
respectively should become due according to the terms of the
said Debentures the then Trustees should permit the company
and their assigns to hold and enjoy the said lands and to carry on all
or any part of the business of the company thereon and therewith 
and for that purpose to sell and dispose of the said lands or any
part thereof and from and after such default as aforesaid upon
the trusts in the now reciting Indenture contained always and it was
by the now reciting Indenture agreed and declared that so long as and
from time to time whenever no money should be immediately due
and owing upon any of the said Debentures and so long as and whenever
even although there might be money due and owing thereon the
then Trustees should not have been requested as therein mentioned
by virtue of the moneys so owing to make entry or sale and fore the period
of three Calendar months after receiving such request the then
Trustees should permit the company to sell or dispose of and should
convey and join in and execute all such documents and do all such
acts and things as might be deemed by them expedient for the
purposes of assisting the company to sell dispose of and convey
such part or parts of the said lands or any interest therein at
such price or prices and on such terms as the company might
from time to time think fit and permit the company to receive
and retain for the use of the company the proceeds to arise
from any such transactions and whereas by an Indenture
dated the second day of July one thousand eight hundred and
eighty four and made between the company of the one part
and the said Charles Townshend Murdoch Leonidas Moreau
Lawson and Jan Anne Langerheizen (hereinafter called "the then Trustees"