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S T. LUCIE COUNH, n .4.
Buyer may obta~n pa:-tinl releas~s after January 1, 1962, from Owner
a~ to II 30" acre parcels, by North Half or Sout~ Half of cne quart er
Section legal description, upon the payment by Buyer to Owner of sums
on the principal debt equivalent to that proportion of the then remaining
balance of said mortgage debt as the acreage being released b~ars to the
acreage encumbec~d by said mortgl?ge prior to such release. The pri-
.
vilege oi partial releases shall be suspepded immediate upon any default
by Buyer in t.he terma and covenants of said mortgage or the promissc..ry
note secured thereby. All c.osts in connection wlth such partial releases
shall be at the expense of Buyer, the same induding but not limited to
prf'paration of the partial release and survey, Fhould one be necessary,
Payment for partial releases shall be applied as the then last maturing
installments on ths mortgage debt.
The order by which parcels shall be released from the lien cf
said mortgage shall be cl>naucive to the reteution by mortgagee of a '
mortgage lien upon a compact, regularly shaped single parcel of land.
And to that end, no release 9hall be grantable from the West F..alf of
said section unless the correRponding "80 acres" in the East Half of
said section has theratofor been released, or is includable with the
:/83 a.cres" lying in the West Half of said section for whCh a release is
being sought. However, individual "SO acresll may be relea.sed from
the East Half of said section without relating same to releases in the
Weat Half 80 long as such releases are requested from the North or
the South elods of the then remaining mortgaged lands in said East Half
section. No rdease shall be granted6 the effect of which would be to
create two separate parceh of remaining mortgage security.
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