The March inspection, in addition to showing that roof, landscaping and parking repairs flagged in 2016 remained incomplete, found that the central elevator was out of order, several escalators were out of order, fountains were not functioning, worn seating was patched with duct tape and HVAC repairs were needed in several storefronts.

The mortgage loan is structured so that all rents paid are deposited directly into a “lock box” account and then dispersed.

The mortgage holder claims in the court documents that the mall owner failed to provide operating statements or rent rolls for January through May this year.

In a sworn affidavit in support of the mortgage holder’s motion for appointment of receiver, an asset manager for KeyBank Real Estate Capital, a loan service for the mortgage holder, stated there are more than $1.18 million in deficiencies when comparing the budgeted revenues and the lock box deposits between January and June.

The mortgage holder has since revoked the mall owner’s ability to collect any rents from the property, according to the filings.

Court filings also show the mall’s occupancy rate decreased from 90% in 2015 to 68% in June.