In a conveyance1 for valuable consideration2, other than a mortgage, of the entirety of the land3 comprised in a lease, for the residue of the term or interest created by the lease, there is implied, in addition to the covenants for title otherwise implied by statute4, a covenant by the assignee or joint and several covenant by the assignees, if more than one, with the conveying parties and with each of them, if more than one, that the assignees, or the persons deriving title under them will at all times:
(1) from the date of the conveyance or other
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