Colleran v. Wall

This is a motion to strike portions of an answer and counter-claim in a foreclosure suit.

The bond and mortgage was executed on August 18th, 1926, to Kate Hurley Korfe, now deceased. The principal secured was $10,000 and was payable on August 18th, 1929.

The bond and mortgage contained the usual clause permitting acceleration of the principal on default in the payment of interest, continuing thirty days.

On September 3d 1929, an extension agreement was executed extending the time for the payment of principal until August 18th, 1932, and thereafter, on August 23d 1932, another extension agreement…