HomeMy WebLinkAbout1716~" ;T. LllCiE CfH1NtY. FIA.
immediately prior to any judicial sale of the mortgaged premises in
pursuance of a foreclosure proceeding; and
WHEREAS all payments of principal and interest up to and in-
eluding the principal installment together with interest due December 1,
1960 have been paid and there now remains unpaid by Company to wort-
gages the sum of =19, 400.00 together with interest from December 1, 1960;
The premise stated; Now, Therefore, in consideration of the sum
of ;1.00, each to the other in hand paid, the receipt whereof is hereby
acknowledged, and in the further consideration of the mutual benefits,
the one to the other, by rc~.on o* the co:-easnts hereinafter ezpreased to
be kept and performed, it i• mutually understood and agreed ae follows:
1. From knd after the date hereof partial releases, releasing
from the lien and operation of the above mentioned mortgage, Blocks and
parcels of said mortgaged lamas upon payment to ins mom ~g&k~ uvlti~+ ~f
an amount of money, together with accrued interest thereon in accordance
with the schedule in said mortgage set forth as a matter of course, shall
be executed by Trustee at an3- time up to and including the moment just prior to
any judicial sale that might be held in pursuance of an order of court
directing the foreclosure and sale of the mortgaged premises; provided,
however, that there be added to the prescribed amo~mt of money being paid
for such partial release a sum equivalent to tha prorata portion of the court
costa, attorney tees, etc. , ti~at myr have wen i~een incurred by r-sr~.-~on of
the previous default by Compar4 in flu ps,~rac-ent of prlncipal and interest as
aforesAid.
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