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PACE
S T. Ll~CI[ ,COUNn. HA,
(the multiple of $1100.00 x 50, being the number of
acres in the plat) and the release price per lot would
be $366.66.
(C) All payments for releRse of land shall be applied to
the next mntl.1ring installments of principal maturing under
the note ~ecured hereby. Payments made on account of the
notc ~ecured hereby, where such payments are other than
those which were made for a release of land, such as annual
amortization payments, shn 11 1 ike\'l:!.. se enti tIe the Mortgagor
to receive releases computed in accordance with the tenlS
above set forth.
(n) No release or relenses of land hereunder may be pro-
cured prior to January 2, 1962) \-lhere the payment therefor
exceeds $7143.00.
INHTNESS ~mEREOF, the Nortgagor has caused these pre~ents
to hr e~ecuted hy its proper 0fficpr who is thereunto duly authori7cd,
nnd its corpor~te s~al to be affixed hereto, all of which has been
done as of the day and year hereinabove set forth.
CORPORATI.QN :.; i (5El\L)
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Signed, sealed and
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Pl"eeiden:t
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delivered in the presence
of:
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WILLI.UIe, .'\LONON, KDUdrY. UNDZOH, A'TTORN~ AT LAW, DUPONT .UILDI.... "I.utl, PLOIlIDA
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