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~FFICIAL RECt~i~C~ o~K ~53 Z~3z ~
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an~ to ~iotd l~~e snme. to(~p!{~er wilh the lenemenls. herec~itamenls an~ appiulP
30 ~iaue
nnnres 1{~~relo ~~~~o~~gin{~, an~ i~?e ~enfs. issues una prolifs l~iereo~, unfo l~~e mottgagee, In (ee simp~e.
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nn~ f~~~ morfga{~ur roi~enanfs u~il{~ f~e morfgagee Ihat Ihe mo?fpagor ts indefeasi6ly seize~ o~ said
',i ~an~l in f i~e simple: Ihaf tF~e mo~f~aflo~ lias good right and law~u~ authority to convey satd la~~d as af
ore-
:i sni~~: f{ial t~~e morf{~agor wi~~ make suc{~ Jurlher assurances to per~pcf Ihe ~ee ~imp~e litle fo saic~ ~and in !he ;
j; morf~~agee as mny ~easona6ly 6e ?equir~: thaf !he mortgagor here6y f u~~y u~a?rants Ihe title to said land ~
and u~ill deJc~nd the same against Ihe Iau~(ul c~aims o~ all pe?sons whomsoever; and that said land is Jree
and rl~ar oJ all encumbrances ;
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i ~rou~ded ~tways, thal i~ saicl mo~tgagor sF~aII pay unfo saic~ mortgagee fhe rertain promis-
sory nofe hereina~ter su~stnnlia~~y copiet~ or ic~enliEiet~. lo-u~it: I
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; 6 ~ ~.Z-S-,. O O_- Vero Beach, Florida _ _ ~ , 197 .3_ _
-III--L~- -~18ILA@r -~18Y'B~I18f~1'---SLSL@d------ - after date, 1, we or either of us prorr.ise to pay to the order of
; GEORGE R. OSBORNE and T1ARY N. OSBORNfi~_ his _wife, ~
SIX THOUSAND_ONE HUNDRED_T'NENT~f-FIVE_-_-----_---00/100--_-----=-----
- - - - - - - - - - DOLLA
~as~ received, payable ar .._ThQ _~nd_~an _ Ri_v_er_Citrus__Bank;__Vero Beaeh, _ Florida~_or__
at such other lace as the a ee ma desi nate in_ writing. _ h~, ~
p- - -p--X--- ----g - - - - - wnt in erest 1
. - - - - - -
` from _ _ _ _ _ _ _ . - per ce~t per annum until ~d; interest ableWlt~l rinci SI ~ •
: date ar r~ rate of _seven- - . wr - - - - -p- - p-
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Md eac!~ of us whether maker, guarantor or endorser, he.eby severa:Iy waives and renowrces any and all homestead exempfion ri~ts we may
; have under 1he Cwut~tution or lavrs of the Staie of Fbrida, or arry other State, or United Sta:es, as againsf this note; and ea:h further waives demand,
not~ce cf non-payment ar+d protrst, and in thr evrnt it becemes necessary to col:ect this note tMouQh an attorney, agrees fo pay all costs ef colleetion,
€ including reasoreable attwney's fee.
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` If Q^fautt is made in payment when dua, then af the opfion of the haldx, and without any other notite, all the remaining batante siwll be
e ~e and payable at o~e. ~
~ ;lie prineipal vf t'iis .:ote s~ia11 be paya_blc in five (5) ~qual annual
~ installrents of ~1,225.00 each, com~encin~ one year fro.i date and
~ continuing on the corres~onciing day and monttl of each year for the
~ next succeeding f~ur years. In addition to principal, interest at
~ the rate of soven (7) per cent per annur~ on the unpaid principal
~ }~alance sh:~ll be due ~ arid ~ayable on princi~~tl paying dates. T,ie
~ na;er reserves the riglit to prepay ~rincipal in full or in part at
~ any tii;,e witnout penalty or prer~iu~. This ~ote is secured by a Purchase
~ toney ~iortga,a,e of even date and is subject to the ter^~s anc~ conditions
~ contained therein.
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~ ` ~ /s/ Oakley N. Watson
~ _._....._...alwte ?xx:UMtltrlwKi i[~~
~ ---°°'"?O O~tGU~1~L ~t+0 CaNC~11itD SEA
, CFakI-ey~-N~ --Tva~son-~-~~-
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