Billingsley v. Dean

This action was brought to foreclose a mortgage executed by John Billingsley and wife to Thompson Dean. The note, to secure the payment of which the mortgage was given, is as follows:

“ Cincinnati, Ohio, July 9, 1855. Two years after date I promise to pay to the order of Thompson Dean the sum of 8,500 dollars, with interest, at the rate of 10 per cent, per annum, payable semi-annually from date, at the Commercial Bank of Cincinnati, Ohio, without relief from valuation laws; and on my failing to pay, when due, any installment of interest as aforesaid, the whole of said sum of money shall become…