TRUST DEEDS 243 



fense shall be deducted from any award and 

 only the surplus paid over to the Corporation 

 Trustee as herein provided. 



But the Company shall not be entitled to 

 have the release of any property covered here- 

 by on account of bonds purchased with money 

 coming through condemnation or expropria- 

 tion proceedings. 



ARTICLE XII. 



If the Company or its successors or assigns 

 shall well and truly pay or cause to be paid 

 to the holders thereof the principal of all bonds 

 secured hereby, or intended so to be, and the in- 

 terest moneys to become due thereon respect- 

 ively, at the time and in the manner specified 

 in the said bonds and coupons, without deduc- 

 tion for United States, State, County, Munici- 

 pal or other tax or taxes, or assessments, or 

 other governmental charges which the Compa- 

 ny may be required or permitted to pay or 

 retain therefrom by any present or future law, 

 according to the true tenor and effect thereof, 

 or if at any time the Company shall acquire 

 and cancel all of the bonds and interests cou- 

 pons secured hereby, and pay off and discharge 

 all obligations incurred hereunder including 

 the payment of the reasonable charges and ex. 

 penses of the Trustees, then these presents 

 and the trusts hereby created, and all the es- 

 tate, right title and interest hereby vested in 

 the said Trustees, their successors and assigns, 



