HomeMy WebLinkAbout0092 . • • ~ / r
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~ -!~l~ortgage Deed - H~olic~ay
out, Etc. to Katz Eetate,
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F (3) Parcel C may be released upon the paymeat ~
of the sun of Sixty-Six Thousamd (~b6,000.00) ~ ,
~ Do llare .
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~ (4) Parcel D may be released in tWO (2) parta, ;
as stwwn on the said sketch, upon the payme~t of
~ . Fifteen Thousand ($15,000.04) Dollars for each of the ~
said areas. In Parcel D the south strip shall be
released before the north strip becomes available for ~
release. ~
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~ (5) Neither Parcel C nor D shall be eligible '
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~ for any releases until at least eightq (80x) percent
~ of the lots in Parcel B.have been duly released. ;
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~ (6) The mortgage payment of Thirteen Tt~ousand '
~ Five Hundred ($13,500.00) Dollars shall at no time be
credited toward the payanent on account of releases. .
^ Iiowever, all mortgage payments thereafter may be
applied by the Mortgagors against the release require- ;
.
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~ MARRY ZtlKiRNICK ATTORN[Y AT LI1W 4!0 LINCOIN ROAD MIAMI ~tACH RLORIDA ~
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