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It shall not be competent or lawful to the parties in whose favour such feu charters or leases shall have been granted in trust as aforesaid, or their successors in office, to dispone, let, sub-feu or sub-let the lands so held by them, nor to assign such leases, nor to borrow money on the security of the same, nor to burden the lands held by them in any way with debts or obligations of any description; and all dispositions, sub-feus, heritable bonds or dispositions in security, leases and sub-leases of the lands so feued or leased, or assignations of such leases, and all adjudications of such lands in implement or for any such debt or obligation, shall be null and void to all intents and purposes.
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