TRUST DEEDS 245 



outstanding, together with the written concur- 

 rence of Lyon, Gary & Company thereto, and 

 unless such bondholder or bondholders first ad- 

 vance or pay to the Trustees the estimated cost 

 of such inspection. 



ARTICLE XIV. 



If default shall be made in the payment of 

 the principal of any of said bonds or in the pay- 

 ment of any interest money mentioned in said 

 bonds or coupons, or any or either of them, 

 when the same becomes due, or if the Company 

 shall cut timber situate upon the mortgaged 

 premises or any part thereof or cut any of the 

 timber mortgaged hereunder, or suifer any of 

 the same to be cut, otherwise than as herein 

 provided, or permit any other waste of the 

 mortgaged property, or shall fail to perform 

 any other of the covenants in this mortgage or 

 deed of trust contained, on its part to be per- 

 formed, or to cause to be performed, and if 

 such default shall continue for a period of sixty 

 days, the Trustees may, and if thereunto re- 

 quested in writing by the holders of ten (10) 

 per centum in interest of the said bonds then 

 outstanding, shall declare the principal of all 

 the bonds hereby secured then outstanding to 

 be, and the same shall thereupon become, im- 

 mediately due and payable, anything contained 

 in said bonds or herein to the contrary not- 

 withstanding. 



