(765 ILCS 330/6) (from Ch. 30, par. 37g)
Sec. 6.
This Act does not invalidate or affect (1) a conveyance made for
the purpose of releasing or extinguishing a possibility of reverter or
right of entry or re-entry:
(2) A right of entry or the transfer of a right of entry for default in
payment of rent reserved in a lease or for breach of covenant contained in
a lease, where such transfer is in connection with a transfer of a
reversion and the rent reserved in the lease.
(3) A right of entry or the transfer of a right of entry for default in
payment of a rent granted or reserved in any deed or grant, or for breach
of any covenant in any deed or grant where a rent is granted or reserved,
where such transfer is in connection with a transfer of a rent so granted
or the transfer of a rent so reserved; or
(4) Any rights of a mortgagee based upon the terms of the mortgage, or
any rights of a Trustee or a beneficiary under a trust deed in the nature
of a mortgage based upon the terms of the trust deed, or any rights of a
grantor under a vendor's lien reserved in a deed.
(Source: Laws 1947, p. 659.)
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