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ders within two years from the signing of this contract, even though siteh guano may I be discovered and claimnel after the date of the present document. The Government of Peru grants also to the Bondholders the surplus which may remain of the fifty percent of guano from the Islands of Lobos, which belongs to it from the proceeds of the said fifty per advances which Perù owes to Chile, Government_ of Peru from employing the poses, and to this end shall be reserved the guano that may exist in the Chincha Islands, which shall be the exclusive procommencing when this contract is declaThe Administrator or principal officer of the Callao Custom House shall deliver monthly to the Bank to be selected by the Committee (Bondholders) the proportion corresponding to the yearly payment before making any other disbursement. If in the fulfillment of this special duty imposed on the Custom to take measures to ensure a faithful and exact compliance with this stipulation, If for any reason, the Bank should not receive the whole or part of any monthly payment despite the measures taken by the Commission, the Commission will issue certificates for the sum unpaid, expressing upon them the cause of their issue, and with this requisite such certificates shall be legal tender for any customs duty or fiscal due. 8. With the object that the Bondholcomply with the obligations imposed on ! them by this contract, the Government of Peru concedes to them the power to mortgage the railways and guano granted to them, as a guarantee for one or more The mortgages or liens which may be ced against the railways and the guano.