158 TIMBER BONDS 



this instrument to take any action nor do any 

 act made requisite by statute for protecting, 

 perpetuating or keeping good the lien of these 

 presents upon the land, premises and property 

 or any part thereof, hereby conveyed or intend- 

 ed so to be ; nor shall the said Trustees be held 

 responsible for the consequence of any breach 

 by the Company or by its agents or servants, 

 of any of the covenants herein or in said bonds 

 contained, on the part of said party of the first 

 part to be kept and performed, nor for or on ac- 

 count of any act of the Company or of its 

 agents or servants, of any kind, character or 

 nature whatsoever. Said Trustees shall have 

 no responsibility as to the validity of this 

 mortgage or deed of trust, nor as to the execu- 

 tion or acknowledgment hereof, nor as to the 

 amount or extent of the security afforded by 

 the property covered hereby; nor shall said 

 Trustees in any other manner, or under any 

 circumstances, be answerable or accountable, 

 except for bad faith ; it being expressly under- 

 stood and agreed that the recitals herein con- 

 tained are made by and on behalf of the said 

 parties of the first and second parts and that 

 the Trustees are not responsible for the cor- 

 rectness thereof. 



Said Trustees shall not be under any obliga- 

 tion to take any action toward the execution or 

 enforcement of the trust hereby created, which 

 in their opinion, would be likely to involve them 

 in expense or liability, nor to defend any suit, 



