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l KORYOAOE OiL~O RAMCO FORM RFO ~
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~ I,c~~~~i~d iho 15~h ~ . dny oJ September A. D. ~9 82 by
_ JAMES D. NELSON ANU BONNIE J. NELSON, HIS W1FE
~iereinnJlpr cnUecl lfte m~rtfla~or, io
EDWARD 0'DONOHUE AND MARGARET M. 0'D6NOHUE, HIS WIFE
E~ereina(ter called Ihe mor~~agep:
(Where~~er uxd Aerein the tcrms "mortgabor" and "mortaasee" iaclude ~U the partia to tha imtrumeet and tbe 6ein
I IeRal rcpreuntati~es and auign~ ot indS~•idwl~ aod tAe succc?+aa and aaaisn~ ot eorporadom; aad tbe term "aote'r
inclucks :11 tAe not~s he~ein drscribed i[ more t}~an one.)
I ~t~l`~s~~~ that jor gooil and ualuable c~onsidernttons, and also in constdaration o/ the aggre _
~ate sum namec~ in ihe promissory note o~ even date here~uilh, hereinafler doscribed, f~ie mortgagot hese-
by grants. 6argairts, sells, aliens, remises, conveys and con)irms unto the mortgagee all lhe certain Iand
. oi wh«h~the mortgapor is noiv seized and i?i possession situate in $t. Lucie County, -
F~orida. vir. ~ .
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~ ~ Lot 20, Block 75, RIVER PARK UNIT NINE
PART "C", according to thE Plat th~reof,
recorded in Plat Book 15, Pages 28,~28A -
~ through 2SC, nf ~he Public Records of.
; St. Lucie County, Florida. - ~
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~ ~ ! THIS IS A PURCHASE MONEY FIRST MORTGAGE.
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~ THE MORTGAGEE AND MORTGAG4R AGR~E THAT THE INTf REST RATE TO BE ADJUSTED AT
~ FIVE (5 YEARS AND THAT THE INT RE T!'OULD r~0 DOWN AND NOT UP. SUCH INTEREST j~
~ D P GG p~ 7Wp gR ENTAG 2% P EMT~SBE~~87THE PRIME RIaTE AS UE7ERMINED
~ Y E HA~~ M~WHATT~N ~ANK 0~ ~EF~E~ R ,
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` IF MORT~AaEE DEGIDES TO SELL TWI$ MORTGAGE, THE MflRTGAGOR RESERVE fHE RIGHT
OF FIRST REFUSAL Ai' 7HE SAh~ DISCOUNT RATE. _ ~ _
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