124 TIMBER BONDS 



at the dates and place, and in the manner men- 

 tioned in said bonds or in ihe coupons there- 

 to appertaining, according to the true intent 

 and meaning thereof, and without deduction 

 from either the principal or interest for any 

 tax, or taxes, or assessments, or other govern- 

 mental charges which may be imposed thereon, 

 or which the Company may be required or per- 

 mitted to pay or to deduct or retain therefrom 

 under or by reason of any present or future 

 law of the United States, or of any state, county 

 or municipality thereunder. 



However, the interest on said bonds shall be 

 payable only upon the presentation and sur- 

 render of the respective coupons annexed to 

 said bonds, as such coupons respectively mature 

 and when and as paid all the coupons shall 

 forthwith be cancelled and delivered to the 

 Company. 



And the Company agrees promptly, and in 

 time to prevent any sale or forfeiture of the 

 mortgaged premises or any part of the same 

 on account thereof, whether hereby conveyed 

 by it, or by the Lumber and Manufacturing- 

 Company, to pay, or cause to be paid, all taxes, 

 assessments and governmental charges which 

 shall from time to time be legally imposed, as- 

 sessed or levied, upon or against the property 

 hereby conveyed, or upon any part thereof, 

 whether hereby conveyed hy the Company or 

 by the Lumber and Manufacturing Company, or 

 upon the profits or income thereof; and to pay 



