HomeMy WebLinkAbout1559 , .
(c) The west 200 feet of the Bast 400
feet of the West 2,626.95 feet of
thi ~torth 225 ~eet ot the South
i 275 feet of the ~lorth 636.6 feet
of the S~ ot Section 8, To~,mehip
34 South, jtange 40 East, St.~ Lucie
County. Florida. -
(dj T'he West 50 feet aod the South 50
feet of the North 636.6 feet of
~ the west 2,426.95 ~t of the SR~ •
of Section 8, To~wriship 34 South,
xange 40 Eaet, St. Lucie County,
Florida. ~
~ 2. Mortgaqee hereby agrees to releaee frcm the lien
and effect of said mortgage four (4) acres of eaid mortgaged
property for each FZVS THOU.SADID DO~.LARS ($5,000.00) paid on the
principal of eaid mortgage. provided, however: (1) That at the
time 8sid release ie requeated by l~lortqagor said mortqaqe is aot
in default in payment of principal or intere8t. (2) That the
land so releaeed ehall be contiquoue with the roadway which is
eituated on the Weet 50 feet a~d the South 50 feet of the
mortqaged property. (3) Said released parcels shall be con-
tiguous to a previously released paroel of land. (4j Said re-
leasee may be fraa the 8ast or West portions of the mortqzged
i
i
~ prope=ty, provided that aAy parcels released on the $ast portioa
~
of the mortgaged property, other than the parcel described in 1
(a) above, ahall not~be situated in Saction 9, Townehip 34 South,
Range 40 EaBt, until said mortgaqe is paid in full.
3. That the release provisiona hereinabove provided
for in Paraqraphs 1 and 2 hereof shall be in place aad stead .
of those provided in the original mortgaqe above described and in
lieu thereof. -
~
4. That except as herein provided the terme and coa-
~
ditlons of eaid mortgage frc~ Mortqaqor to the un~dersigned shall
remain unchanged.
Po~145 357
_ _
. LA1M ORRICts. ~ROWN • ALDtRMAN. PORT ~[RCi. r1.OR1DA
i!
, ;'a~ `W,..,:v3,:~'~w'~S. e~;;__,... ~yasi2a:.~' . . . . - - - i~.,..
I ,F3!