Hanover Fire Insurance v. Bohn

Ragan, 0.

September 1, 1888, William G-. and Conrad Bohn were tbe owners in fee-simple of a lot in tbe city of Ornaba on wbicb was situated a tbree-story building. On that date they were indebted to tbe National Life Insurance Company of Montpelier, Vermont, hereinafter called tbe “Life Insurance Company,” in tbe sum of $25,000, and to secure *745said indebtedness they executed to said Lite Insurance Company a mortgage upon said real estate. The mortgage required the said Bohns to keep said property insured during the existence of said mortgage against loss or damage by fire for the benefit of…