York v. Hucko

This is an action to foreclose a mortgage given by defendants to plaintiff on September 20, 1930, on a farm in the town of Brookfield, Madison county, N. Y.

The bond and mortgage provided for the payment of the sum of $2,300, as follows: “ Interest of 6% payable semiannually and with privilege of paying $50 or more of principal on interest days. Five Hundred Dollars ($500) of principal to be paid in four years. Total amount of principal and interest to be paid in ten years.” There has been no default in payments of principal or interest.

Plaintiff alleges and contends, however, that since the…