TRUST DEEDS 275 



be discharged from registry by transfer to 

 bearer, after which it shall be transferable by 

 delivery. It niay 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 trans- 

 ferable by delivery notwithstanding such regis- 

 tration. 



The Company liereby consents in case of the 

 foreclosure of the mortgage or deed of trust 

 given to secure the payment of the said bonds, 

 to the entr}- of a deficiency judgment against it, 

 and that the court may direct in any decree of 

 foreclosure of said mortgage or deed of trust 

 that any balance due with costs and interest, 

 which may remain unsatisfied after the sale of 

 the said mortgaged premises and the applica- 

 tion of the proceeds of such sale toward the 

 payment of the said bonds, shall be satisfied 

 from any of its property. 



This l}ond 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, indorsed hereon. 



In witness whereof, Fischer Lumber Co. has 

 caused this instrument to be signed in its cor- 

 porate name by its President and its corporate 

 seal to be hereunto af&xed and attested by its 

 Secretary, and the interest coupons hereto at- 

 tached to be authenticated by the signature of 

 its Treasurer, this second day of January, 1911. 



