TRUST DEEDS 321 



action iu respect of any default unless re- 

 quested to take such action by writing, signed 

 by the holders of as great a proportion of said 

 bonds and be tendered indemnity as aforesaid, 

 anything herein contained to the contrary not- 

 withstanding; but neither any such notice or 

 request nor this provision therefor, shall affect 

 any discretion herein given to the said Trustees 

 to determine whether or not they will take ac- 

 tion in respect to such default, or to take action 

 without such request. 



The Trustees shall be protected in acting 

 upon any request, consent, certificate, bond, af- 

 fidavit, or other paper or document believed 

 by them to be genuine and to be signed by the 

 proper party or parties. 



Said Trustees shall be entitled to be reim- 

 bursed for all proper outlays of every sort and 

 nature by them incurred, or for which they 

 may be obligated in the discharge of this trust, 

 and to receive a reasonable and proper com- 

 pensation for any duties that they may at any 

 time perform in the discharge of the same, and 

 shall have a lien therefor upon the mortgaged 

 property, prior and paramount to the bonds 

 hereby secured. 



All expenses, fees, taxes and disbursements 

 of any kind which have been paid or made, or 

 which may be paid or made or incurred by the 

 Trustees in order to comply with any law or 

 laws of the State of Oregon respecting foreio-n 

 corporations, or relating to the right, authority, 



