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(c) That the releases be in units of 40 acres I
each;
(d) That released areas be squares;
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(e) That the first release made be one of the ~
four corners of the property and that subsequent releases j
be cantiguous to the first r~eZease or to other lands pre- (
viously released. •
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It is turther understaod and agreed that upon the first 570,000.00 ~
being paid on account of the principal of the purchase money note, j
and subject to the other terms arzd conditions set forth above
mortgagor sha11 be entitled to a release credit for said $7i3,000.00 ~
having been paid. j
8. Mortgagor further agrees to pay a11 and singular '
the costs, charges and expenses, including attorney's fees, ;
reasona.bly incurred or paid at any time by said Mortgagee, ~
its suacessors, legal representatives or assigns, because of the ~
failur~e on the part of said Mortgagor, its successors, legal
representatives or assigns, to perform, comply with and abide ;
f by eaeh and every the stipulations, agreements, conditions and
covenants of said promissary note and this mortgage, vr either, !
' and every such payment shall bear intsrest fram date at the rate
~ of six per cent (6$) per annum. i
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IN WITNESS WHEREOF, the said Mortgagor has caused these ~
p~^esents to be executed in its name, and its corporate seal !
to be hereunto affixed, by its proper officers thereunto duly ~
~ authorized, the day and year first above written. !
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; Signed, sealed and delivered ;
in the presence of: MABEL CORPORATION ~
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ATTEST: '
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i By '
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~ ( Corpq ate Seal) F ~ " . ~
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~ STATE OF NEi~ YORK ) ~ ~ • _ = ~ - i
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~ C0IJNTY OF NEW Y(?RK ) ~ " , - .
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I HERE~Y CERTIFY, tha~ on thi~ day~ before me, ari
~ officer duly authorized in the State and County aforesaid to ;
take acknawledg~ents , personally appeared ~Q.ut f , ~f
~a~ i
and L~q ~ S+~s~-~ , well knor~n ta me~oTi~: ~he
~~c- ~~sT r an /+~-SS~s7-,~--"~~-c~ respectlveT-
a~ t~e corporat~on named as grantor in t e oregoing mor~tgage, !
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