Wilson v. Kirchan

The plaintiff brought this action to recover on a note for three thousand dollars, and interest, executed in his favor by the defendants. The note was not due by its terms at the time the suit was brought, but at the time of its execution the defendants had executed a mortgage as security therefor, which provided, among other things, that they would pay the taxes and assessments levied against the property, the interest as it became due, keep the buildings insured, and that :

“ ... in case any taxes shall become delinquent and remain unpaid, or such insurance shall not be procured or interest…