HomeMy WebLinkAbout2373 the Notes and any other indebtedness secured by the Indenture.
Assignees, at Assignor's expense, will execute and deliver
such instruments as Assignor may reasonably request to evidence
such termination.
All rights and powers conferred or imposed upon
Assignees shall be conferaesolellmb seCorporateuAssignee despite
be exercised and performe Y
the plural reference, except that _if and to the extent that
wnder any applicable law Corporate Assignee shall not be com-
petent or qualified to exercise or perform such rightIndivi-
powers, the same shall be exercised and performed by roval
dual Assignee but only with the prior consent and aPP li~
of Corporate Assignee. To the extent that under such app
cable law Individual Assignee ~hall not be competent or
qualified to exercise and perform such rights and powers,
the same shall be exercised and performed by the mortiigee
or trustee, as the case may be, designated in the app
cable Individuai riortgage (as defined in the Indenture)
, as if named herein as one of theaAsr valeofhCorporatebut
s only with the prior consent and pp
Assignee.
~ This Assignment shall be governed by and construed
~ in accordance with the la~~s of the State of Texas .
~ This Assignment shall be binding upon Assignor,
its successors and assigns, and shall inure to the benefit
~ of Assignees and their succ,essors and the Beneficiaries, and_
~ their respective successors and assigns.
~ IN WITNESS WHEREOF, Assignor has caused this Assign-
~ ment to be executed and its corporate seal to be hereunto af-
~ fixed by its proper officers-thereunto duly authorized as of
~
the 13th day of April, 1974.
~ . .
.
~ - ` ~ TEXLAND FROPERTIES CORP.
_ ' [Cor.po~ate Seal]
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- `i ~ BY
~ Preside
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_ Assis t Se tary
~<A Signed, Seal and Acknowledqed ;
in the Presence of:
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