180 TIMBER BONDS 



It may be registered again, however, in the 

 manner above provided. The registry of this 

 bond shall not impair the negotiability of the 

 coupons, but they shall continue to be transfer- 

 able by delivery notwithstanding such regis- 

 tration. 



The maker hereof hereby consents in case of 

 the foreclosure of the mortgage or deed of trust 

 given to secure the payment of the said bonds, 

 to the entry of a deficiency judgment against 

 it, and that the same may be effected by appro- 

 priate order or decree in any such foreclosure 

 proceedings. 



This bond shall not be obligatory for any 

 purpose until it shall have been authenticated 

 by the certificate of Union Trust Company, one 

 of the Trustees under said mortgage or deed of 

 trust, endorsed hereon. 



IN WITNESS WHEREOF, SOUTHERN 

 TIMBER COMPANY has caused this instru- 

 ment to be signed in its corporate name by its 

 President, and its corporate seal to be here- 

 unto affixed, and attested by its Secretary ; and 

 the interest coupons hereto attached to be au- 

 thenticated by the facsimile signature of its 

 Treasurer, this the nineteenth day of Novem- 

 ber 1910. 



SOUTHERN TIMBER COMPANY 



By 



Attest: Its President. 



Its Secretary. 



