TRUST DEEDS 289 



111 case the Company shall fail to promptly 

 pay or cause to be paid anj^ tax, assessment or 

 other charge as provided for herein, either of 

 the Trustees may pay the same (but shall not 

 be under any obligation whatsoever so to do), 

 in which event such Trustee shall be subro- 

 gated, either with or without an act, writing or 

 other instrument to that effect, to the rights and 

 demands of the state, county, city, town or other 

 municipality, as the case may be; and in addi- 

 tion thereto the amount thus expended together 

 with interest thereon at the rate of six per 

 centum per annum, shall be a charge on the 

 property hereby conveyed prior to the lien of 

 the bonds hereby secured. 



The Company covenants that its mill plants, 

 equipment and appurtenances, and its flumes, 

 logging apparatus and logging plant will be 

 kept in repair and maintained in good working 

 order and condition, and if worn out or injured 

 will be replaced by other property suitable to 

 the business for which it is now used, and of at 

 least equal value, and that such mill plants, 

 equipment and appurtenances, and such flumes, 

 logging apparatus and logging plant shall not 

 be removed from the mortgaged premises with- 

 out the consent of the Trustees hereunder. 



AETICLE V. 



The Company agrees that it will, at all times, 

 during the existence of any of the indebtedness 



