Individual and Corporation Mortgages: A Statement for Laymen of the Legal Principles |
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Individual and Corporation Mortgages: A Statement for Laymen of the Legal ... William Lilly No preview available - 2017 |
Common terms and phrases
absolute owner accompanies the mortgage after-acquired property assignment authentication board of directors bond or note bondholders Brown called chattel common law consideration constructive notice conveyance corporate mortgage coupon bonds court of equity covenants deed of trust defense deficiency judgment delivered the mortgage effect entitled equity of redemption erty event of default exchange executed and delivered executed the mortgage execution and delivery foreclosed foreclosure sale gaged property gagor granting clause guarantor holder indenture instrument interest coupon investor issued James Brown JOHN JONES land law day legal title lien created loan maturity ment mort mortgage debt mortgage indebtedness mortgaged premises mortgaged property mortgagor note or bond obligation officer paid particular payable payment permit personal liability prop provisions purchase realty record registered bond release remedy repayment seal sell signature Smith sold specified statute stipulated taxes terms and conditions third party tion transfer trustee valid York Stock Exchange
Popular passages
Page 14 - STATE OF NEW YORK,) County of New York,) ss. : On this day of , 1910, before me personally came to me known and known to me to be the individual described in and who executed the foregoing instrument, and he duly acknowledged to me that he executed the same.
Page 20 - And it is hereby expressly agreed that the whole of said principal sum shall become due at the option of the said party of the second part after default in the payment of interest for days, or after default in the payment of any tax or assessment for days, after notice and demand.
Page 20 - On the. . .O. . .day of , nineteen hundred and thirty before me came to me known to be the individual . . described in, and who executed, the foregoing instrument, and acknowledged to me that. . . .he. . . .executed the same.
Page 13 - Whereas, the said is justly indebted to the said party of the second part in the sum of dollars, lawful money of the United States, secured to be paid by his certain bond or obligation, bearing even date herewith...
Page 12 - I having first made known to them the contents thereof, they acknowledged that they signed, sealed, and delivered the same as their voluntary act and deed; and the said , being of full age, on private examination apart from her husband, before me, acknowledged that she signed, sealed, and delivered the same as her voluntary act and deed, freely, without any fear, dread, or compulsion of her said husband.
Page 14 - ... the condition of the said bond or obligation, and the interest thereon, at the time and in the manner mentioned in the said condition, that then these presents, and the estate hereby granted, shall cease, determine, and be void.
Page 13 - ... together with the appurtenances and all the estate and rights of the party of the first part in and to said premises.
Page 14 - ... shall well and truly pay, or cause to be paid, to the said party of the second part, his heirs, executors, administrators, or assigns, the...
Page 98 - Both the principal and interest of this bond are payable without deduction for any tax or taxes which the Railroad Company may be required to pay thereon or retain therefrom under any present or future law of the United States, or of any state, county or municipality therein.
Page 12 - I am satisfied, are the persons named in and who executed the foregoing certificate of incorporation of > and I having first made known to them the contents thereof, they did each acknowledge that they signed, sealed and delivered the same as their voluntary act and deed, for the uses and purposes therein expressed.