SETTLEMENT.

STRICT for preserving the same books and articles safely and in good order and condition, by making such reparations, restorations, and replacings thereof as the said trustees or trustee for the time being shall think necessary, and for keeping such of the said books and articles adequately insured against loss or damage by fire as shall be of an insurable nature, and that the said trustees or trustee for the time being shall and may from time to time inspect and examine into the state and condition of such books and articles, and require the production of the policy or policies of insurance thereof, and of the receipts for the premium or premiums paid in respect thereof, and shall cause such reparations, restorations, or replacings to be made thereof or therein as they or he shall think necessary, and all such reparations, restorations, and replacings, and the premiums and expenses of such insurance, shall be made at the expense of the trust premises, whilst the said trustees or trustee shall be entitled, and afterwards at the expense of the person who shall for the time being be entitled to hold, use, and enjoy the same: AND THAT it shall be lawful for the said trustees or trustee, from time to time, upon the request in writing of the person entitled to the use of the said plate, (such person having attained his or her age of twenty-one years), to exchange the said plate, or any part thereof, for any other article or articles of plate, of equal weight and value, (the expense of all such exchanges to be borne by the person making such request as aforesaid), and that the plate. and other articles which may be substituted or replaced as aforesaid shall be held and enjoyed in the like manner in all respects as the original plate and other articles. AND THIS INDENTURE ALSO WITNESSETH, that it is hereby agreed and declared between and by the parties to these presents, that the respective trustees or trustee for the time being of the lastly herein before recited indenture of release, and of the term of nine hundred years herein before created, do and shall stand and be possessed of, and interested in, the monies which may arise from the sales, enfranchisements, mortgages, and exchanges which may be made under the trusts and provisions contained in the lastly hereinbefore recited indenture of release, and of and in all

Proviso that plate may be exchanged.

Witnesseth fur

ther, trusts of the monies to

arise under the

indenture of

even date, and

to be raised unthe term of 900

der the trusts of

years.

STRICT

SETTLEMENT.

deeds;

of the trusts,

other the monies, (except rents, issues, and profits), which shall come to their or his hands under or by virtue of the same indenture of release, and of and in the monies which may arise from the mortgages which may be made under the trusts of the said term of nine hundred years herein before created, and of and in any other monies which may be borrowed under the trusts of the same term, UPON AND FOR THE TRUSTS, intents, and purposes, and with, under, and subject to the powers, provisoes, agreements, and declarations, hereinafter declared and contained of and concerning the same, (that is to say), UPON TRUST, that the said To pay costs of respective trustees or trustee for the time being with and out of the said monies do and shall, in the first place, retain, pay, and discharge the costs, charges, and expenses of, and attending or in anywise relating to, the preparing, engrossing, and exccuting of these presents, and the lastly herein before recited indenture of release, and the leases for a year on which the same are respectively grounded; AND and the costs ALSO the costs, charges, and expenses of, or attending, or in including those anywise relating to the effecting of such sales, enfranchise- of all actions ments, and exchanges, and such respective mortgages as aforesaid, or which they or he shall or may incur, sustain, or be put unto in defending or otherwise relating to any action or suit, at law or in equity, which may be brought, commenced, or prosecuted by any person or persons whomsoever against the said A. B. and C. B., or either of them, or their or either of their heirs, executors, or administrators, or against the said respective trustees or trustee for the time being, or any of such trustees, in relation to any of the hereditaments described or mentioned in the four first schedules to these presents, or any mortgage, annuity, or incumbrance which may for the time being be subsisting or charged thereon, or which they or he shall or may otherwise incur, sustain, or be put unto, in or about the execution and carrying into effect any of the trusts and provisions contained in the lastly hereinbefore recited indenture of release, or of the trusts and provisions contained in these presents, in regard to such trust monies, or the said hereditaments and premises; AND DO AND SHALL, in the and money

and suits;

STRICT
SETTLEMENT.

required for
equality of ex-
change;
-and in the

repurchase of
scheduled an-
nuities;

-mortgages and incumbrances;

next place, pay any sum or sums of money which may at any time or times be required for equality of exchange under the power of exchange contained in the lastly hereinbefore recited indenture of release; AND DO AND SHALL pay and apply the surplus or residue which shall from time to time remain of the said trust monies, after answering and satisfying the trusts and purposes aforesaid, in such order and in such manner as the said respective trustees or trustee for the time being shall think expedient, for or towards the redemption or repurchase, for such prices or sums of money as they or he shall think proper, of the said annuities mentioned in the said seventh and eighth schedules to these presents, for which purpose, they and he is and are hereby directed to contract with the person or persons entitled, or claiming to be entitled, to the said annuities for such redemption or repurchase thereof, at or for such price or equivalent as to them or him the said trustees and trustee for the time being shall seem expedient; AND ALSO, in or towards the payment, satisfaction, and discharge of the several mortgages and incumbrances mentioned in the said seventh and eighth schedules to these presents, AND OF any sum or sums of money, not exceeding in the whole the sum of £which he the said C. B. shall at any time or times, by writing under his hand, direct to be paid in discharge and satisfaction of any debt now owing by the said A. B. to any person or persons whomsoever, and not charged in the nature of an incumbrance upon the said hereditaments mentioned in the four first schedules to these presents, or any part or parts thereof; AND OF all and the sums and sum of money which the said every respective trustees or trustee for the time being may borrow in pursuance of the provision for that purpose contained in the lastly herein before recited indenture of release, or under the trusts of the said term of nine hundred The surplus to years hereinbefore created, AND DO AND SHALL Stand possessed of and interested in the ultimate surplus or residue eldest son shall (if any) which shall remain of the said trust monies respectively, after answering and satisfying all the trusts and purposes aforesaid, IN TRUST for such person and persons, and

-and certain further sums in discharge of simple contract

debts of the settlor;

-and monies borrowed under the preceding

trusts.

be paid as the

settlor and his

appoint;

STRICT SETTLEMENT.

and in default, as the elthe death of his father, shall ap

dest son, after

point;

fault, as the money to arise

under the pow

er of sale and exchange.

Rents and protates to be sold and comprised

fits of the es

in the term of nine hundred

for such ends, intents, and purposes, as they the said A. B. and C. B. shall from time to time or at any times during their joint lives, by any writing or writings under their hands and seals, jointly direct or appoint; AND IN DEFAULT of any such direction or appointment, and so far as no such direction or appointment shall extend, THEN as the said C. B., shall from time to time or at any time after the decease of his said father, by any writing or writings under his hand and seal, direct or appoint; AND IN DEFAULT of -and in deany such last-mentioned direction or appointment, and so far as no such last-mentioned direction or appointment, shall extend, UPON TRUST to apply the same in such and the like manner as the monies to arise by any sale or enfranchisement, or to be received for equality upon any exchange or partition whichmay be made under the powers hereinbefore contained, are hereinbefore directed to be applied: AND IT IS HEREBY AGREED and declared between and by the parties to these presents, that, in the meantime, and until the period shall have arrived when such conveyance as hereinafter is mentioned is directed to be made by the trustees or trustee for the time being of the lastly hereinbefore recited indenture of release, the respective trustees or trustee for the time being of the same indenture of release, and of the said term of nine hundred years hereinbefore created, shall apply the rents, issues, and profits of the said hereditaments and premises for the time being vested in them under the same indenture of release and term of nine hundred years respectively, in such order and in such manner as they or he shall think proper, in or towards the discharge of the arrears and payments now due, and hereafter to become due, for or in respect of the several annuities, and for or in respect of the interest of the several mortgages and sums for the redemption and discharge and raising of which respectively provision is hereinbefore made, AND in or towards the raising and payment to the said C. B., so long as the said A. B. and C. B. shall jointly live, and this present trust shall continue, and after the decease of the said C. B., and so long as he the said A. B. and such other person, (if any), being a male, as shall

years respectively, to be applied in keeping down annuities incumbrances;

and interest of

and in or towards raising or paying certain

annual sums;

SETTLEMENT.

-and the resi

day of

STRICT for the time being, during the continuance of the present trust, be entitled to the freehold or inheritance in remainder immediately expectant upon the decease of the said A. B. of the said hereditaments and premises hereby released, or expressed and intended so to be, shall jointly live, and this present trust shall continue, then to the said other person, of the annual sum of £, and in and towards the raising and payment to the said A. B. during his life and the continuance of this present trust, and after his decease, to such other person as shall for the time being, during the continuance of this present trust, be entitled to the freehold or inheritance in possession of the same hereditaments and premises, of the annual sum of £ of lawful money, each of such annual sums to be paid clear of all deductions for taxes, assessments, or other charges or deductions whatsoever, by equal half-yearly payments on the day of —and in every year, the first payment to be made on the day of next ensuing the date of these presents; AND DO AND SHALL, from time to time, and until the period shall have arrived when such conveyance as aforesaid is directed to be made, apply so much of the said rents, issues, and profits as shall from time to time remain, after answering the purposes aforesaid, to the same purposes, and in the same manner, to and in which the said monies (exclusively of rents, issues, and profits) arising under the lastly hereinbefore recited indenture of release, or to be borrowed under the trusts of the said term of nine hundred years, are hereinbefore directed to be applied: Proviso that the PROVIDED ALWAYS, and it is hereby further agreed and deannual sum pro- clared between and by the parties to these presents, that, eldest son of the in regard to the annual sum of £- to which the said settlor is to be C. B. or such other person, (if any), being a male, as aforesaid will for the time being be entitled under the trusts or provision lastly herein before contained, and under the trusts of the said term of nine hundred years hereinbefore created, the respective trustees or trustee for the time being of the lastly herein before recited indenture of release and of the same term do and shall from time to time pay the same annual sum to the said C. B. or such other person as afore

due to be applied as the monies arising under the trusts of the term of nine

hundred years.

vided for the

paid to him onÎy till he assign,

and afterwards,

for the benefit of him, his wife,

and children.