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consistently with each other and read in pari materia so as not to be <br />not <br />in conflict or/construed independently from the other. <br />The Utility shall be entitled to mortgage the real estate within <br />the Territory, the franchise granted hereby and/or facilities and equip- <br />ment used to operate the franchise, without the consent of the County. <br />Any mortgagee which shall later acquire title to the real property, the <br />franchise and/or such facilities and equipment, through foreclosure, <br />deed in lieu of foreclosure or through a designee purchaser at any such <br />foreclosure sale, shall, at such mortgagee's option, automatically become <br />the franchisee of the franchise in the name, place and stead of the <br />Utility, and shall thereby be entitled to operate the franchise. <br />IN WITNESS WHEREOF, the Board of County Commissioners of Indian <br />River County, Florida has caused this franchise to be executed in <br />the name of the County of Indian River by the Chairman of the Board of <br />County Commissioners and its seal to be affixed and attested by its <br />Clerk, all pursuant to the resolution of the Board of County Commissioners <br />adopted on the 5th day of June , 1985. <br />Signed, sealed and delivered <br />in the presence of: <br />A <br />0 <br />COUNTY OF INDIAN RIVER, FLORIDA <br />Patrick B. Ly n , Chairman <br />Board of Cou ty Commiss-.overs <br />Attest: <br />Clerk <br />'� <br />JUN <br />5 195 �oo� ��,,�:�. 144 <br />