312 TIMBER BONDS 



judgment or the renewal of sucli judgment, to 

 likewise enter the appearance of the Company 

 in any such suit and to confess judgment there- 

 on for the amount of said judgTaent or renewal 

 thereof with interest thereon at the rate afore- 

 said with costs of court and attorneys' fees, 

 and it is agreed that this clause shall be deemed 

 a separate and independent clause of this in- 

 strument, and shall be treated and deemed as a 

 contract entered into between the parties here- 

 to to be governed by the laws of the State of 

 Illinois to the same effect as if this instrument 

 had been entered into in said State and were 

 to be performed there. 



ARTICLE XXI. 



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 such reasonable attorneys' 

 fees as may be allowed or adjudged by the 

 Court for any service that may be rendered 

 either in protecting this trust or enforcing the 

 same. 



Second, to the payment pro rata of all the 

 bonds and interest coupons secured hereby 

 without preference of bonds over coupons or 

 coupons over bonds, subject, however, to the 



