Hart v. Baxter

Cooley, J".

This is an action on the case for an alleged libel. It appears that Hart and others had borrowed money of one Hatch, residing in Yermont, and had given to him a real estate mortgage to secure the repayment. Baxter acted for Hatch in the negotiation, and drew the mortgage. A clause was contained in the mortgage which required the mortgagors to keep the buildings on the premises insured for the protection of the mortgagee, and permitted the mortgagee, in case of failure, to procure insurance and pro*200ceed upon the mortgage for the collection of the premiums paid. Default having…