Richardson v. O'Brien

On January 22,1890, the appellee borroyred of ethe appellant $25, and to secure the repayment thereof he and his wife executed and delivered to appellant their six promissory notes, three for $7 each and three for $6 each, aggregating $39, payable monthly thereafter, together with a chattel mortgage covering all their household furniture, etc., contained in their home in Chicago. The mortgage contains a covenant providing that in case of default in payment of the notes, or any part thereof, or if the mortgagee shall feel insecure, or fear diminution, he shall thereupon have the right to take…