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HomeMy WebLinkAbout2759 ~iIBIT "A" If this martgage and the note secured hereby be not in default, the right is reserved unto the Mortgagor to secure releasea as hereinaPter set forth and the Mortgagee,by the acceptance hereof co~v~enants and agrees thst it Will pra~o~ptly release variaus portions of the mortgaged property flrom the lien of this mortgage upon the paymsnt to the Mortgagee of the release values together with iaterest oa the release value to date of pa~yment of said relcase valwe according to the follawing schedule, to frit : REIEASS VAI,~ OF LO?r3 Lot 2 and the West 7.5 feet of vacated alley ad~acent on the East~ Fairway P~rk Subdivision $ 3~780•~ Lot 13, Fair~ray Park Subdivision $ 2,520.00 Lots 8 and 9 and the East 7.5 feet of vacated alley ad~jacent on the West, Paseo Park $ 5,~4•~ The West 30 feet of Lot 13, and all of Lots 14 and 15, Paseo Park $ 5,040.00 . Lots 1, 2 and the West 24 feet of Lot 3, Paseo Park $ 5,~•~ Lot 17, Paseo Park _ $ 3,780..00 Lot 16, Paseo ~'ark ~ 7~• ~ T02AL $28 .00 The mon~eys so paid for releases as aforesaid ahall be credited to the principal of the next maturing payment under said mortgage. Cost of preparation of sale releases shall be borne by the Mortgagor. ~ I 6 ~ ~ ~ _ ~ . ~ - ~ ~ ~ ~ ~ ~ - ~ ~ ~ ~ ~ eoeR2~b' Pact,~7 ~ 6'0 ~ ~ ~ _ . - _ ~,rr Z ~ r-~~~~- ~ ~ a_:,_ _ _ ~