Lovett v. Calvert Mortgage & Deposit Co.

On July 31st, 1895, the plaintiff below, now the appellant, •borrowed from the defendant, the appellee, a building and loan association, five hundred dollars upon five shares of its stock of the par value of $100 each, and to secure said loan executed to the association a mortgage upon his house and lot on Falls Road in Baltimore County, in which mortgage he covenanted tp pay said association during the continuance of said mortgage, a premium of $2.50 on the first business day of each and every month, being fifty cents premium on each share; also $2.50 on the first business day of each and…