232 A.D. 705 | N.Y. App. Div. | 1931
Judgment reversed upon the law and the facts, without costs, and a new trial granted. The bond incorporated therein the covenant of the mortgage declaring the principal sum due after default in the payment of any installment of principal. There was such a default, as matter of fact. (Graf v. Hope Building Corp., 254 N. Y. 1.) The mortgage clause is the standard provided by Schedule M of section 258 of the Real Property Law;
Amd. by Laws of 1917, chap. 681.— [Rep.
Amd. by Laws of 1917, chap. 682, and Laws of 1930, chap. 150.— [Rep.