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Home My WebLink About2369 ; 2~0'725 ~ . ~ , ~ t : ~ ASSIGI~IENT OF LEASE TEXLAND PROPERTIES CORP. ("Assignor"), a Delaware corporation, having an office c/o The Southland Corporation, 2828 North Haskell Avenue, Dallas, Texas 75221, fc,r valuable _ consideration, the receipt of which is hereby acknowledged, ; hereby assigns, transfers and sets over to THE NATIONAL SHIIWMUT ~ BANK OF BOSTON ("Corporate Assignee"), a national banking ~ corporation, having its principal office at 40 Water Street, , Boston~, Massachusetts 02106 , and W. B. WADLp?N~ ("Individual ; Assignee") havinq an office at 40 Water Street, Boston, ~ Massachusetts 02106, as trustees (collectively, the "I~ssignees , for the ratable benefit of FIRST NATIONAL ~ STATE BANR OF NEW JERSEY (the "Bank") and IIERKSHIRE LIFE INSURANCE COMPANY, LIBERTY LIFE ASSURANCE C02dPANY GF - BOSTON, THE NATIONAL L2FE AND ACCIDb'NT INSUI2ANCE COriPANY, ; NEW Et~IGLAND H[JTUAL LIFE INSURANCE COMPAr7Y , SOUTHERN FARM ~ BUREAU LIFE IAISURAPTCE CO.'~iPANY, UNITED BENEFIT LIFE IN- t SURANCE CO'~lPAtJY and WISCONSIN NATIONAL LIFE INSURANCE COMPANY (collectively, the °Purchasers"), their successors ~ and assigns, as holders of the Notes hereinafter mentioned ~ (the Bank and the Purchasers being collectively referred to ~ as the "Beneficiaries"), all of Assignor~s right, title and ~ interest in and to a certain Lease tas the same may from time to time be supplemented or amended, the "Lease"), dated as ~ ~ of the date hereof, between Assignor, as lessor, and THE ~ ~ SOUTHLAND CORPORATION ("Lessee"), a Texas corporation, as lessee, ~ covering various retail store propertie~ (collectively, the "Leased Properties" and individually a"Leased Property"), ~ more particularly described in Schedule A, including but not ~ limited to: ~ ~ (a) all payments due and to become due under ~ : ~ the Lease, whether as rent, damages, purchase price, # ~ insurance payments, condemnation awards or otherwise; f= (b) all claims, rights, powers, privileges and remedies of the lessor under the Lease; and (c) all rights of the lessor under the - I,ease to exercise afly election (including, without limitation, the election of remedies) or option, to ~~'Y give or receive any notice, consent, waiver or approval, to accept or reject an offer to purcr.ase any of the Leased Properties or to accept any surrender of `.,he Leased Properties or any part thereof; n~~ 0 tt ~ ti;;: $Oat~ ~ P~; - _ _ ~ , - _ _ _