TRUST DEEDS 251 



amount so paid and they shall then be re- 

 turned to the holders. 



ARTICLE XIX. 



Upon any foreclosure sale of the property 

 hereby mortgaged the property shall be sold 

 either as a whole or in parcels at the option of 

 the Trustees conducting the foreclosure pro- 

 ceedings; and if in parcels the same shall be 

 divided as shall be considered for the best in- 

 terests of the bondholders by the said Lyon, 

 Gary & Company, as may be evidenced in writ- 

 ing addressed to the Trustees or to the Court; 

 or in case of such foreclosure sale the property 

 may at the option of the Trustees be offered 

 first by parcels designated as above, and then 

 as a whole, that offer producing the highest 

 price for the entire property to prevail — any 

 law statutory or otherwise to the contrary not- 

 withstanding. And the Company hereby ex- 

 pressly waives the right to require any such 

 sale to be made by the acre, or in parcels, or 

 the right to select such parcels. 



In case of a foreclosure of this mortgage or 

 deed of trust the proceeds shall be applied: 



First, to the payment of all expenses of pro- 

 tecting and enforcing this trust, including rea- 

 sonable compensation to the Trustees, and all 

 expenses incurred by them in connection here- 

 with, and including reasonable attorney's fees 

 for any service that may be rendered either in 

 protecting this trust or enforcing the same. 



