Home Owners' Loan Corporation v. Washington

TURNER, Justice.

This is an appeal from a judgment of foreclosure in favor of the Home Owners’ Loan Corporation and against the respondent herein, Mary Washington. In 1934 Mary Washington executed her note for $1,600 and to secure the payment of the note she executed a mortgage upon her home property situated in Salt Lake City.

The note is a regular instalment note providing for monthly payment in the sum of $12.65. These payments were later increased to $14.96 because of improvements made in accordance with a supplemental agreement. The note provides that extra payments may be made at any time…