Keagle v. Pessell

The bill in this case is filed to fore- ' close a certain mortgage given by the defendant to John and Hannah Hill, executed April 2, 1873. The time and *619manner of payment in the mortgage was in the following terms:

“ Provided always, and these presents are upon the-express condition, that if the said party of the first part Bhall and do well and truly pay, or-cause to be paid, to the said parties of the second part the sum of five hundred dollars annually during the life-time of both or either of them, in semi-annual payments, to be paid two-hundred and fifty dollars on the first of April, and…