Security State Bank v. Waterloo Lodge

This is an action to foreclose a mortgage. The note to secure which the mortgage was given was made by the Waterloo Lodge No. 102, A. F. & A. M., for the sum of $2,000, dated August 19, 1902, and due five years after date, with interest at 6 per cent., and was payable to the Citizens State Bank of Waterloo, or order, at its banking office in Waterloo, Nebraska. The mortgage securing the note contained an agreement that the mortgagor “may pay one hundred dollars or any multiple of that sum at any interest pay day.” The annual interest was paid to August 19, 1905. The 19th day of August, 1906,…