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amount of money. But Northernera do sometimes pay ra[her high
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prices; usually it'e for submerged land, but I guess beach front ~'~'~
would apply. So my conscience tells me that there is some ,
collateral for his arrangement, looking at the case strictly
from your theory. ,
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` Now. obviously your theory is putting a lot of little ~
things together and saying to me "Well, part of it is recorded,
Judge. and part of it isn't." That is what you've got me behind
the eight ball on. And I think I might have a little discretion
there. because surely the.quit-claim deed is recorded but the
real meat of it is not. but you're looking at it from an over-all,
all-encompassing viewpoint.
So what I am going to do, I am going to discharge the
lis pendens upon the posting of a$500,000.00 bond or escrow
proceeds or something that will collateralize qour client's
position a little bit better until I can find out whether or
not there is any fraud in the consideration and whether or not
any of the little things in the back of my mind -- what the
real truth of the matter is, I guess is what I'm trying to say.
Okay?
- . Now, when I say $500,000.00~ I want to cooperate with
your client, is what I'm trying to say, --
MR. FORD: Yes, sir.
THE COURT: -- to sell the land.
MR. FORD: Yea, sir.~
THE COURT: And you can come back and we can set it
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BOOK34~ PaGEi$51
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