Miller v. Ellison

This' case is for the foreclosure of a mortgage for $20,000 given .to secure a note of like amount to the Wood-bury County Savings Bank of Sioux City, Iowa. The note "was dated. March 31, 1919, made payable April 1, 1929,-with interest at 51/2 p¿r cent per annum, and 8 per cent after -maturity, and provided that “if default be made in the payment of interest at the time same becomes due, or in any of the covenants or agreements contained in the mortgage collateral hereto, this note shall become due and collectible at once, without notice, at the option of the holder.”

The mortgage contained…