Blomgren v. Tinton 763 Corp.

This is an action to foreclose a purchase-money second mortgage for $28,100 payable in installments of $205 monthly from April 1, 1958 to February 1, 1970. Plaintiff elected to accelerate the payment of the balance of principal and interest, $25,357.59, on October 31, I960. The complaint alleges defaults (a) in failing to pay the October installment of $205 as well as those of succeeding months; (b) in neglecting to comply with orders of the city departments in respect to violations against the mortgaged premises; (c) in removing old fixtures and personal property and substituting therefor…