West Virginia Code § 7-3-8

Creation and enforcement of lien of bondholders
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There shall be and there is hereby created a statutory mortgage lien upon the real estate,
buildings and property acquired, constructed or built from the proceeds of bonds authorized
to be issued under this act, which shall exist in favor of the holder of the bonds, and each of
them, and to and in favor of the holder of the interest coupons attached to the bonds, and
the courthouse, hospital, other public buildings, jail or regional correctionale center, and the
real estate so acquired and used for and in connection therewith, shall remain subject to the
statutory mortgage lien until payment in full of the principal and intererst of the bonds. Any
holder of bonds issued under the provisions of this act, or the holder of any coupons
representing interest accrued thereon, may, either at law or in equity, enforce the statutory
mortgage lien hereby created and conferred, and may, by proper suit, compel the
performance of the duties of the officials of the commission tas set forth in this act. If there
be default in the payment of the principal of or interest upon any of the bonds, any court
having jurisdiction in any proper action may appoint a receiver to administer the property on
behalf of the court with power to charge and collect rents or income sufficient to provide for
the payment of the bonds and interest thereon, and for the payment of the operating
expenses, and to apply the income, rents or other revenue in conformity with this act and the
order providing for the issuance of the bonds.

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