Krum v. Grube

On Dec. 15, 1922, defendant executed a bond and mortgage to plaintiff for $5000, payable one year after date. A written instrument, under seal, dated the same day, recites the mortgage, and, further, that, “without changing any terms and conditions of said mortgage and accompanying bond as to the payment of principal and interest thereon,” the parties thereto have agreed, in substance, that defendant shall pay the sum of $100 monthly to plaintiff and that “every three months the interest on said mortgage . . . will be ascertained and deducted from said three monthly payments, and whatever…