Fed. Ld. Bk of Columbia v. Evans

In this case the appellee was mortgagor and the appellant was mortgagee. The mortgage embraced certain lands which were pledged as security for the payment of a loan. The mo'rtgage contained the following clause:

“AND IT IS FURTHER COVENANTED. That, as further security for the payment of the note and all installments thereon, and for the performance of all the terms of said note and of all the conditions and covenants of this mortgage the said parties of the first part hereby .assign, set over and transfer to the Federal Land Bank of Columbia, its successors or assigns, all the .rents and…