Lil Wayne is putting one of his most prized possessions on the line in order to pay back a $2 million judgment ... his private skate park.
Wayne took out a $1.5 million loan to help pay back the $2 million he owes to a private jet company. According to the docs -- obtained by TMZ -- he's using his Miami skate park as collateral. The good news ... this means Wayne will get to hold on to the $2 million worth of art work cops seized.
TMZ broke the story, cops descended upon his Miami Beach mansion earlier this month to seize property, including his prized paintings and record plaques.