Lopp v. Woodward

On the 28th day of December, 1875, appellant’s intestate, Archibald Kemper, gave his note to the State of Indiana for the use of one of the congressional townships, with a mortgage on eighty acres of land to secure $1,000, payable on December 28th, 1880, with eight per cent, interest, payable annually in advance. The mortgage provided, on failure to pay the interest, the principal should become due, with two per cent, damages and costs. Kemper failed to pay the second instalment of interest, and the county auditor, after proper advertisement as required by statute, offered the land for sale…