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SCHEDUI.E A
Mortgaqees agree to release from the lien of this mortgaqe parcels of one
acre or more at a price of One Thousand Dollars ($1, 000) per acre in
accocdance with the following schedule. Releases f~ less than 10 acres
shall be given from each succeeding 10 acre release packaqe begining '
with release No. 1 until all 10 acres have been released, then purchaser
shall be entitled to receive releases from the next 10 acre package . The
release packaqes are as follows:
Release # Z. The North 1/2 of the Na~th 1/2 of the Southeast quarter
of the Nartheast 1/4 , subject to easements .
Release # 2. The South 1/2 of the Noacth 1/2 of the Southeast 1/4 of the
Ncxtheast 1/4 of Section 10-34-39 , less the East 75' and subject to an
easement over the East 30', the West 30', and the No~th 30' ,
Release # 3. The South 1/2 of the South I/2 of the Southeast 1/4 of the ~
Northeast 1/4 of Section 10-39-39, less the East 75' and subject to an
easement aver the East 30`, the West 30', and the North 30'
- Release # 4. The South 1/2 of the South 1/2 of the Southwest 1/4 of the
Northeast 1/4 of Section 10-34-39, less the West 60' and subject to an
easement over the East 30' and the Noa~th 30'
Release # S. The North 1/~ of the South 1/2 of the Southwest 1/4 of the
Northeast 1/4 of Section 10-34-39, less the West 60', and subject to an
easement over the East 30' and the South 30'
R~elease # fi. The South 1/2 of the No~th 1/2 of the Southwest I/4 of the
Northeast 1/4 of Section 10-34-39, less t~e West 60', and subject to an
easement over the East 3U' and the North 30'.
Release # 7. The North Z/2 of the North 1/2 of the Southwest 1/4 of the
Noctheast 1/4 of Section 10-34-39, less the West 60', and subject to an
easement over the East 30', and the South 30' .
Requests for releases shall be ac~ompanied by a check for the amount of the
releases sought, a partial release of mortgaqe, and a survey indicatinq the
parcel to be released. All monies pafd taward release shall apply taward the
following annual paymant and all monies pald toward the principal po~tion
of the annual payment shall apply taward releases . No releases shall be
given prior to January 1, 197I . -
• ,
Gables Div Ent , Inc .
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President "
Ideal Ranch velopment~o~~tion
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Attest: ~ _ ,
Mort~ag a'e~Y
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