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ARRANGING BELMONT PARK FINANCES FINANCESMineola Mineola N Y April 1 A mortgage for 120000 given by tin Wistehester Kacing Association of which August Belmont Is president on its Pelmout Park property has been tiled with the county clerk here The mortgage is to K Mora Davisou of 139 East Eightysecond street Manhattan and the money Is to pay off debts of the association amounting to 52254 and to enable the association to meet anti ¬ cipated losses during the coming year ranging it is estimated from 50000 to 50000 50000This This is the second mortgage bearing live per cent interest payable March 24 11H4