142 TIMBER BONDS 



the property hereby conveyed shall cease and 

 determine, as fully as if this mortgage had nev- 

 er been executed; and in that case the said 

 Trustees or their successors in the trust, on 

 demand of the Company and the cancellation 

 of the bonds and coupons hereby secured, shall 

 execute and deliver to each of the Grantors 

 herein all such instruments as may be neces- 

 sary to discharge and cancel this mortgage as 

 to the premises which by the said Grantors are 

 hereby conveyed. 



ARTICLE XV. 



The Trustees shall have the right at any time 

 in their discretion, but not oftener than once in 

 six (6) months, to cause an inspection of the 

 lands and timber herein conveyed to see wheth- 

 er the property mortgaged hereunder has suf- 

 fered any damage, or been trespassed upon, or 

 whether there has been any unauthorized use of 

 the timber or of the premises hereby conveyed 

 or of the timber thereon; and the expense of 

 any such investigation shall be borne and paid 

 by the Company, but the Trustees shall not be 

 required to have such an examination made un- 

 less upon the written request of the holder or 

 holders of some one or more of the bonds se- 

 cured hereby and then outstanding, together 

 with the written concurrence of Lyon, Gary & 

 Company thereto, and unless such bondholder 

 or bondholders first advance or pay to the 

 Trustees the estimated cost of such inspection. 



