Thirteenth Ward Building & Loan Ass'n v. Weissberg

The opinion of the court was delivered by

Heher, J.

Complainant, a building and loan association incorporated under the laws of this state, seek the foreclosure of a mortgage made by appellants, covering lands of the latter situate in the city of Newark. The bill was filed on August 2d, 1932, and alleged that interest and monthly installment payments, required by the bond and mortgage, had been in arrears for a space of three months, and that complainant had elected to declare the entire sum secured by said bond and mortgage due and payable immediately, and that the shares of complainant…