TRUST DEEDS 279 



Now, THEREFORE, for and in consideration of 

 One Dollar in hand paid by the parties of the 

 second part to the party of the first part, the 

 receipt whereof is hereby acknowledged, and 

 the other considerations herein expressed, and 

 in order to secure the payment of the principal 

 and interest of all of said bonds above de- 

 scribed, at any time outstanding, according to 

 their tenor and effect, and to secure the per- 

 formance of all the covenants and conditions 

 herein contained, and to declare the terms and 

 conditions upon which said bonds are issued or 

 to be issued, and for and in consideration of the 

 acceptance or purchase of said bonds or any 

 of them, by whomsoever may be or become the 

 holders thereof, the said Fischer Lumber Co. 

 has executed and delivered these presents, and 

 hereby grants, sells, bargains, aliens, releases, 

 conveys, assigns, warrants, transfers, and mort- 

 gages unto said Union Trust Company and 

 John K. Lyon, Trustees, their successors and 

 assigns, with full subrogation to any and all 

 warranties or rights in action against previous 

 vendors or holders or other persons, the fol- 

 lowing described timber, lands, logging rights, 

 logging plant, logging apparatus, planing mill 

 with its plant, equipment and appurtenances, 

 saw-mill with its plant, equipment and appur- 

 tenances, and other property, lying, being and 

 situate in Lane and Linn Counties, State of 

 Oregon, to wit: « 



