Whereas, default has been made in the per
formance and conditions of a certain mortgage
made, executed and delivered by Charles W
And whereas it is stipulated and expressly
provided in said mortgage that should default
be made in the payment of the principal when
due or the interest or the monthly premium or
dues or any part thereof, for the space of four
months after the same shall have become due,
and in case of default in any of the conditions
specified in said mortgage, then and in such
case the principal indebtedness should there
upon immediately become due, payable and
recoverable at the option of the mortgagee
and default having been made in the payment of
twenty-nine and 50-100 dollars
($29.50) as interest
and premium and twelve and no-100 dollars
($12 00) as dues, and such default having con
tinued for more than four months, the said
mortgagee hereby elects to exercise the option
given in and by said mortgage and hereby de
clares the entire principal sum of said mort
gage to be due and payable by reason of the
default of tho payment of the interest, dues
and premium for more than four months and
at the date of this notice there is claimed to be
due and there is due and unpaid on the mort
gage debt and obligation secured by said mort
gage the sum of one hundred sixty-seven and
48-100 dollars ($167.48).
And whereas it is stipulated and provided in
said mortgage and the mortgagors covenanted
and agreed to pay in the event of a foreclosure
of said mortgage the sum of twenty-five dollars
as attorney's fees and no action either at law or
in equity has been instituted to recover said
mortgage indebtedness, interest, dues or
premiums or any part thereof.
