Lewis v. Culbertson

The principal issue concerns the right of the plaintiffs to declare due and demand payment of the entire principal of the note and mortgage because of failure of the defendants to pay to them the amount of the premiums on $131,-600 of insurance taken out by the plaintiffs to protect their interest in a debt of $75,000. Neither the note nor the mortgage contained any provision requiring the mortgagor to maintain insurance for the benefit of the mortgagee, as in Eberich v. Solomon, 112 Conn. 498, 501, 152 Atl. 823, nor the quite usual agreement to pay insurance premiums, as well as taxes, on…