Atlantic Life Ins. Co. of Richmond v. Wolf

CAYTON, Chief Judge.

According to the undisputed facts, plaintiff Samuel Wolf, together with his wife and another, borrowed from defendant insurance company in May-1940 the sum of $32,000. • As evidence .of the indebtedness they gave their promissory note in that amount, secured by a first deed of trust on real estate, providing for interest at the rate of 4% percent per annum on the unpaid .balance. Payment was required to be made in monthly installments of $244.80, begin,ning June 1, 1940 and running for fifteen years thereafter. Neither the note nor the deed of trust contained any provision…