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err 3. A pledge of all revenues and income derived by the City from the project including, without limitation, all rentals received by the City from the leasing of the property and in particular the rentals and profits received under and pursuant to that certain lease by and between the City as Lessor and Batesville Rubber Company as Lessee, dated October 24, 1960, and recorded in the office of the Circuit Clerk and Ex Officio Recorder of Independence County, Arkansas, pursuant to the terms of which all rentals are being deposited by the Lessee directly in the "City of Batesville, Arkansas Industrial Development Revenue bond Fund - Latesville Rubber Company Project" (herein sometimes referred to as the "Lond Fund") in the Trustee Bank. 4. Any and all other property of every name and nature from time to time hereafter by delivery or by writing of any kind conveyed, mortgaged, pledged, assigned or transferred, as and for additional security hereunder by the City or by anyone in its behalf, or with its written consent to the Trustee which is hereby authorized to re- ceive any and all such property at any and all times and to hold and apply the same subject to the terms hL:r.eof. TO HAVE AND TO HOLD all the same with all privileges and appurtenances hereby conveyed and assigned, or agreed or intended so to be to the Trustee and its successors in said trusts and to them and their assigns forever; IN TRUST NEVERTHELESS, upon the terms and trusts herein set forth for the equal and proportionate benefit, security and pro- tection of all holders and owners of the said bonds and interest cou- pons thereto attached issued under and secured by this Indenture (ex- cept as otherwise required by Section 404 hereof) without privilege, priority or distinction as to lien or otherwise of any of said bonds or coupons thereto attached over any of the others of said bonds; PROVIDED, HOWEVER, that if the City, its successors or