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Mortgage   Listen
noun
Mortgage  n.  
1.
(Law) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made. Note: It was called a mortgage (or dead pledge) because, whatever profit it might yield, it did not thereby redeem itself, but became lost or dead to the mortgager upon breach of the condition. But in equity a right of redemption is an inseparable incident of a mortgage until the mortgager is debarred by his own laches, or by judicial decree.
2.
State of being pledged; as, lands given in mortgage.
Chattel mortgage. See under Chattel.
To foreclose a mortgage. See under Foreclose.
Mortgage deed (Law), a deed given by way of mortgage.






Collaborative International Dictionary of English 0.48








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"Mortgage" Quotes from Famous Books



... part of our money in payment and mother gave a mortgage to him for the balance of the price. And that mortgage ...
— Janice Day, The Young Homemaker • Helen Beecher Long

... told him that most generally out behind the barn, and under the apple trees and gambrul ruff, wuz crouchin' the monster that had sapped the life out of the hum—the bloated, misshapen form of a mortgage at six per cent, and that old, insatiable monster had devoured and drinked down every cent of the earnin's that the hull family could ...
— Samantha at the World's Fair • Marietta Holley

... other plan by which a little ready money could be raised—that was, to get a small mortgage on the cottage, and when all had been said for and against this project, it seemed, after all, to be the best ...
— A Knight of the Nets • Amelia E. Barr

... gone to Northamptonshire to his uncle's death bed. He is discovered, unknown to himself, in his slummy retreat by Bredwel, Sir Cautious' prentice, who has to convey him a message with reference to the expiration of the mortgage, and who reveals the secret to Lady Fulbank. She promptly abstracts five hundred pounds from her husband's strong box and forwards it to her lover by Bredwel, disguised as a devil, with an amorous message purporting to be from some unknown ...
— The Works of Aphra Behn, Vol. III • Aphra Behn

... this," explained Mr. Ball, "if one of 'em falls behind in his grocery bill, for example, he can always get money from Job. Job takes a mortgage, but he don't often close down on 'm. And Job has been collectin' credentials in Avalon County ...
— The Crossing • Winston Churchill

... twelve men ashore at Town Point rather than have a fight with them; and I have the feeling that we have a mortgage on those men, to say nothing of thirty more at Pensacola who were to join the Teaser. I told them they could get on board of their steamer from the island. I shall be sorry to disappoint them, for I suppose the whole forty or more are counting on a handsome allowance ...
— Within The Enemy's Lines - SERIES: The Blue and the Gray—Afloat • Oliver Optic

... you meet, Shall match the veriest huncks in Lombard-street, From rescu'd candles' ends, who rais'd a sum, And starves to join a penny to a plumb. A beardless miser! 'tis a guilt unknown To former times, a scandal all our own. Of ardent lovers, the true modern band Will mortgage Celia to redeem their land. For love, young, noble, rich, Castalio dies: Name but the fair, love swells into his eyes. Divine Monimia, thy fond fears lay down; No rival can prevail,—but half a crown. He glories to late times to be convey'd, Not for the poor he has reliev'd, but made: Not ...
— The Poetical Works of Edward Young, Volume 2 • Edward Young

... capacity, authorized Captain Brown to purchase two hundred revolvers from the Massachusetts Arms Company, and paid for them from his private funds, thirteen or fifteen hundred dollars. During the summer of 1857 he united with Mr. Amos A. Lawrence and others in paying off the mortgage held by Mr. Gerritt Smith on his house and farm at North Elba, N. Y., he paying two hundred and sixty dollars. It would be difficult to state the entire amount of money Mr. Stearns put into the hands of John Brown for Anti-Slavery purposes and his own subsistence. He kept ...
— History of the Negro Race in America from 1619 to 1880. Vol. 2 (of 2) - Negroes as Slaves, as Soldiers, and as Citizens • George Washington Williams

... pulled from a shelf in the vault and the two men began to search the musty and dusty old documents of bygone days. At last they found the mortgage. There they found the Deacon's name written out in full—James Duncan Gramps. The cashier of the People's State Bank had a curious twinkle in his eye as he looked at his assistant. "Jim, do you know, I have a ...
— The Deacon of Dobbinsville - A Story Based on Actual Happenings • John A. Morrison

... the front, as grim-visaged a warrior as ever frightened a peaceable, shiftless non-combatant "Joel Barney!" she cried, storming up his front steps. "You're a trustee of the church, aren't you? Well, if you don't vote against selling the church, I'll foreclose the mortgage on your house so quick you can't wink. And you tell 'Lias Bennett that if he doesn't do the same, I'll pile manure all over that field of mine near his place, and stink out his summer renters so they'll never ...
— Hillsboro People • Dorothy Canfield

... eyes to the fact, that at one time Mrs. White had been in possession of thirty head of slaves, although at the time he was counting the cost of escaping, two only remained—himself and William, (save a little boy) and on himself a mortgage for seven hundred and fifty dollars was then resting. He could, therefore, with his remarkably quick intellect, calculate about how long it would be before he reached ...
— The Underground Railroad • William Still

... social polity by Sir William Vernon Harcourt's Death Duties, the principle of whittling great properties at each transfer, might be very materially extended. Every transfer of property might establish a state mortgage for some fraction of the value of that property. The fraction might be small when the recipient was a public institution, considerable in the case of a son or daughter, and almost all for a distant relative or no kindred at all. By such devices the ...
— Mankind in the Making • H. G. Wells

... the bonds would be asked to guarantee the interest for two or three years; hence, with two thousand more for that and good measure, we made up our proposed issue of twenty thousand dollars per mile of first-mortgage bonds, to dispose of which "the former member of the firm of Lusch, Carskaddan & Mayer" was revisiting the glimpses of Wall Street, and testing the strength of that mighty influence which the Herald had ...
— Aladdin & Co. - A Romance of Yankee Magic • Herbert Quick

... care not much for gold or land; Give me a mortgage here and there, Some good bank-stock, some note of hand, Or trifling railroad share. I only ask that Fortune send A little ...
— Outlines of English and American Literature • William J. Long

... now that in many points the criticism of the Opposition was well founded. The land-grant was of least value when most needed—in the early years. The freedom of the company to select land where they pleased gave them a mortgage on the West and power to deter possible rival roads. The exemption from taxation of the company's lands for twenty years after the issue of the patents, and of its capital stock and equipment for ever, threw unfair burdens upon the straggling ...
— The Day of Sir Wilfrid Laurier - A Chronicle of Our Own Time • Oscar D. Skelton

... Margaret's husband, and he therefore sued Mr. Boyd for damages for several hundred dollars; and although the ox which he claimed had injured him did not belong to Mr. Boyd, and there was no eye witness in the case, yet he obtained judgment for damages against him, and a mortgage had to be given on the land which the Government had given her. The Indian's oath and evidence are not regarded in this country, and he stands a very poor chance before the law. Although they are citizens of the State, they are continually being taken ...
— History of the Ottawa and Chippewa Indians of Michigan • Andrew J. Blackbird

... have not not liked to trouble you with such sordid matters," rejoined his parent, with sarcasm. "I presume, however, that you are acquainted with the main facts. I succeeded to this estate encumbered with a mortgage, created by your grandfather, an extravagant and unbusiness-like man. That mortgage I looked to your mother's fortune to pay off, but other calls made this impossible. For instance, the sea-wall here had ...
— Stella Fregelius • H. Rider Haggard

... such a temper sell his jewels (had there been any that would have bought them) to fill his mind with empty things? Will a man give a penny to fill his belly with hay; or can you persuade the turtle-dove to live upon carrion like the crow? Though faithless ones can, for carnal lusts, pawn, or mortgage, or sell what they have, and themselves outright to boot; yet they that have faith, saving faith, though but a little of it, cannot do so. Here, therefore, my brother, ...
— The Works of John Bunyan • John Bunyan

... of the South-eastern Railway Company in July 1843, a branch line to Maidstone, ten miles in length, was proposed; and as the directors were satisfied it would be beneficial to the parent line, they determined to raise L.149,300, on loan notes or mortgage, to complete it. This gives an expenditure of L.15,000 a mile, and, judging from the estimate of other lines, the estimate is exceedingly low. For less than a third of the sum, the distance could have been ...
— Blackwood's Edinburgh Magazine — Volume 54, No. 335, September 1843 • Various

... a dozen poor families, whom, when our mortgage fell in, he had lured out of Sally Watkins' miserable alley to these old houses, where they had at least fresh country air, and space enough to live wholesomely and decently, instead of herding together ...
— John Halifax, Gentleman • Dinah Maria Mulock Craik

... have done so, we should never have got on together. It was impossible for him to recommend me to any one except as a clerk. He was a born money-maker. I'll give you an example of how he grew rich. In consequence of some mortgage business he came into possession of a field at Clapham. As late as 1875 this field brought him only a rent of forty pounds; it was freehold property, and he refused many offers of purchase. Well, in 1885, the year before he died, the ground-rents from that field—now covered with houses—were ...
— The Odd Women • George Gissing

... and you're Johnny McGraw's boy Bob, so we won't quarrel about it. Good luck to you, old man. Get all the fun out of life that you possibly can—in your own way—and when you get your land and can show me, I'll take a $39,000 mortgage on it, at eight per cent. Now, good-by and get out. I'm ...
— The Long Chance • Peter B. Kyne

... Weston, with a little laugh. "After all, when one has seen how some of these mining syndicates and mortgage companies get in their work, a certain prejudice against such things isn't ...
— The Gold Trail • Harold Bindloss

... conduce greatly to the peace and happiness of all parties. But "these things," as Father Roach says, "are in the hands of Providence." You must also persuade old Blake to write a few lines to Simon Mallock, about the Coolnamuck mortgage. We can give him no satisfaction at present, at least such as he looks for; and don't be philandering any longer where you are, when your health permits a change ...
— Charles O'Malley, The Irish Dragoon, Volume 1 (of 2) • Charles Lever

... pedigree, which shows that his race is sprung from the loins of William the Conqueror, and confronting the old alderman from the City, who has mounted his sword for the occasion, and wears his alderman's chain, and has brought a bag full of money, mortgage-deeds, and thousand-pound notes, for the arrangement of the transaction pending between them. Whilst the steward (a Methodist, therefore a hypocrite and cheat, for Hogarth scorned a Papist and a Dissenter) is negotiating between the old couple, their children sit together, ...
— Henry Esmond; The English Humourists; The Four Georges • William Makepeace Thackeray

... ever since it had been put up,—out of brick hauled by team across three counties,—by the man who had established, but failed, despite his effort, to make permanent the fortunes of his family. When the grandnephew, Bruce Grierson, came on, the brick house was plastered with a mortgage that somehow passed eventually into the hands of the then alert young sapling land-agent, Crittenton Madeira. Crittenton took the house, and, by and by, Bruce Grierson, the second, took himself, with money borrowed from Madeira, out of Canaan, never to return. ...
— Sally of Missouri • R. E. Young

... learn to distrust all our own resolutions, and to be chary of our vows. 'Better is it that thou shouldest not vow, than that thou shouldest vow and not pay.' So, aware of our own weakness, and the flutterings of our own hearts, let us not mortgage the future, nor lightly say 'I will'—but rather let us ...
— Expositions of Holy Scripture - St. Mark • Alexander Maclaren

... some reason or other—valuation for mortgage, I'm thinking— the classer had come round a few days before; and Spanker had called in every man on the station, to muster the ewes. You know how thick the scrub is on Goolumbulla? Dan came in along with the rest, leaving his own place before daylight on the first morning. ...
— Such is Life • Joseph Furphy

... however, four successive heirs were of a dissolute and wasteful disposition, and the family ruin was eventually completed by a gambler in the days of the Regency. Nothing was left save a few acres of ground, and the two-hundred-year-old house, which is itself crushed under a heavy mortgage. The last squire dragged out his existence there, living the horrible life of an aristocratic pauper; but his only son, my stepfather, seeing that he must adapt himself to the new conditions, obtained ...
— The Adventures of Sherlock Holmes • Sir Arthur Conan Doyle

... back here after me! Think I'm Bluff, and want a mortgage on the whole blooming bed, don't you? Shove me the little dinghy, if you're afraid of scratching more of the varnish off Cousin Archie's boat!" ...
— The Outdoor Chums on the Gulf • Captain Quincy Allen

... took out a set of tablets, put down "800" and remained looking at the figures while he waited for what was to come next—"is for expenses during my absence. Do you understand? From the mill you ought to receive 1000 roubles. Is not that so? And from the Treasury mortgage you ought to receive some 8000 roubles. From the hay—of which, according to your calculations, we shall be able to sell 7000 poods [The pood 40 lbs.]at 45 copecks a piece there should come in 3000, Consequently the sum-total that you ought to have in hand soon is—how much?—12,000 roubles. ...
— Childhood • Leo Tolstoy

... We are bound together As the twin powers of the storm. Very love Now makes me callous. The great bond is sealed; Look bright; if gloomy, mortgage future bliss For present comfort. Trust me 'tis good 'surance. ...
— Count Alarcos - A Tragedy • Benjamin Disraeli

... landing, Walker declared for the weaker side and captured the important seaport of Trujillo. He no sooner had taken it than the British warship Icarus anchored in the harbor, and her commanding officer, Captain Salmon, notified Walker that the British Government held a mortgage on the revenues of the port, and that to protect the interests of his Government he intended to take the town. Walker answered that he had made Trujillo a free port, and that Great Britain's claims no ...
— Real Soldiers of Fortune • Richard Harding Davis

... document returning the fifty-thousand rouble mortgage—has the General got it? If so, possess yourself of it, and send it to ...
— The Gambler • Fyodor Dostoyevsky

... early life strange stories are told; like the other cattle barons, he was hungry for land and took it where or how he could. There are tales of fertile sections bought for ten cents an acre, tales of Mexican ranchers dispossessed by mortgage, by monte, or by any means that came to hand; stories even of some, more stubborn than the rest, who refused to feed the Austin greed for land, and who remained on their farms to feed the buzzards instead. Those were ...
— Heart of the Sunset • Rex Beach

... going to give their verdict. It would be difficult to decide which is the more happy application; but it must be admitted that we are a great way behind the South in our power of selecting a nomenclature immeasurably distant in meaning from the thing signified. We speak of a bond instead of a mortgage, and we adjudge where we ought to foreclose. We have no such thing as chattels, either personal or real.[46] If you want to know the English law of book-debts, you will have to look for it under the head of Assumpsit in a treatise ...
— The Book-Hunter - A New Edition, with a Memoir of the Author • John Hill Burton

... also brought against him because of a certain contract of partnership entered into by his mother and which, as it appeared, had not been fulfilled; and he was required in the same way to acknowledge a mortgage on the estate of The Poplars executed in an irregular form by his uncle. Claims swarmed around him, multiplying with ant-like rapidity. He had come to the determination to renounce the ownership of his lands, but meanwhile his dignity required that he should not yield to the wily manoeuvres ...
— Dona Perfecta • B. Perez Galdos

... belong to me.' I thought he was joking, and said, 'How? What way?' He said, 'Don't you recollect when Trewitt chartered Wilson Sawyer's brig to the West Indies?' I said, I did. He told me Trewitt then came to him to borrow $600, which he would not lend, except he had a mortgage on me: Trewitt was to take it up at a certain time, but never did. I asked him whether he really took the mortgage on me. He replied that he certainly thought Trewitt would have taken up the mortgage, but he had failed, and ...
— Narrative of the Life of Moses Grandy, Late a Slave in the United States of America • Moses Grandy

... "It's that mortgage on my mill," Killen blurted out. "It falls due this month and I can't meet it. Things haven't been going well ...
— The Vision Spendid • William MacLeod Raine

... and approved First Mortgage Coupon Bonds on Improved Western Farms, in amounts from $200 to $10,000 Principal and Interest payable on day of maturity at the Third National Bank, New York. Interest, Seven per Cent., payable semi-annually. Coupons Bankable at Par ...
— The Bay State Monthly, Vol. II, No. 6, March, 1885 - A Massachusetts Magazine • Various

... thousand dollars per mile for one portion of the road, thirty-two thousand dollars per mile for another portion, and forty-eight thousand dollars per mile for another. In addition to these subsidies, the company was authorized to issue its own first mortgage bonds to an amount equal to the Government bonds, and to organize with a capital stock not to exceed one hundred million dollars. All this constituted a magnificent fund, and it soon became evident that the road could be built for at least twenty million ...
— Perley's Reminiscences, Vol. 1-2 - of Sixty Years in the National Metropolis • Benjamin Perley Poore

... say, David did not "go to smash." To the intense chagrin of the wiseacres he prospered despite an unprecedented disregard for the teachings of his father and his grandfather before him. The wolf stayed a long way off from his door, the prophetic mortgage failed to lay its blight upon his lands, his crops were bountiful, his acreage spread as the years went by,—and so his uncles, his cousins and his aunts were never so happy as when wishing for the good old ...
— Quill's Window • George Barr McCutcheon

... very severe cramps, so I went down to the kitchen to make a mustard plaster. The hotel was a number of frame buildings, one having twenty-one rooms, and about five or six cottages around the main building. We carried no insurance, and so many would say we had a "firetrap" there. We had a mortgage on the place, and I was kept in terror constantly for fear of fire, and would often spring out of bed at night in my sleep, expecting to see ...
— The Use and Need of the Life of Carry A. Nation • Carry A. Nation

... except the twenty-five thousand dollars, payable in equal parts for the next three steamer-days. Accordingly, Meiggs went back with me to our bank, wrote his note for twenty-five thousand dollars, and secured it by mortgage on real estate and city warrants, and substituted the three acceptances of the Hamburg firm for the overplus. I surrendered to him all his former notes, except one for which he was indorser. The three acceptances ...
— The Memoirs of General W. T. Sherman, Complete • William T. Sherman

... rights of 'pacage,' or pasturage on commons—privileges upheld rather by custom than law. These rights of pasturing cattle on common-grounds date from the earliest times, and we read in French history of certain communes being ruined by the mortgage of their 'pacage.' ...
— The Roof of France • Matilda Betham-Edwards

... at first, greatly surprized me; but he soon acquainted me with the motive, and taught me to account for it. In a word, then, he had spent and lost all the ready money of my fortune; and, as he could mortgage his own estate no deeper, he was now desirous to supply himself with cash for his extravagance, by selling a little estate of mine, which he could not do without my assistance; and to obtain this favour was the whole and sole motive of all the ...
— The History of Tom Jones, a foundling • Henry Fielding

... was sold for an unpaid mortgage after the death of Larry's father, and the little family came to New York to visit a sister of Mrs. Dexter, as Larry thought he could find ...
— Larry Dexter's Great Search - or, The Hunt for the Missing Millionaire • Howard R. Garis

... child and the estate in charge of John. The estate was much embarrassed, the child was a delicate girl of nine years. But when ten years had passed the conditions of both were changed; Mary Campbell had grown to a sweet and charming womanhood, and Drumloch had paid off its last shilling of mortgage, and was as desirable an estate as could be found in the ...
— A Daughter of Fife • Amelia Edith Barr

... then that, The darned contrivance sort o' wobbling like the flying of a bat. I pulled upon the handles, but I couldn't check it up, And I yanked and sawed and hollowed but the darned thing wouldn't stop. Then a sort of a meachin' in my brain began to steal, That the devil held a mortgage on ...
— Cowboy Songs - and Other Frontier Ballads • Various

... pounds. This was the result of long, ingenious, and unmolested bookkeeping. And Penn had made himself liable by his careless silence. Then Ford died, and his widow and children claimed everything which stood in Penn's name. Penn, it appeared, had borrowed money of Ford, and had given him a mortgage on his Pennsylvania estates as security. When the loan was paid, the mortgage had not been returned. Not only did Mrs. Ford retain it, but she sued Penn for three thousand pounds rent, which was due, she said, from the property of which William was once owner, but which he now held ...
— William Penn • George Hodges

... canonized dead from Homer to Carlyle, we can only conceive that Brann derived his knowledge and his power, without encouragement and without guidance, by poring over the printed page in lonely hours bitterly wrested from the wolf of poverty that for forty years held mortgage on his time. ...
— Volume 1 of Brann The Iconoclast • William Cowper Brann

... to his own effective family force, two trusty kinsmen, Aaron Way and William Ireland, conveying to them good farms out of his seven hundred acres. He enlarged his farm, from time to time, by new purchases, so as to more than make up for what he sold to Way and Ireland. In 1676 the mortgage was fully discharged. He and his sons bought out the heirs of Gingle, and the work was done. They held, free from debt, in one tract, a territory about two miles in length on the Reading line. Each member of the family had a house, barns, orchards, gardens, ...
— Salem Witchcraft, Volumes I and II • Charles Upham

... agreed, Ma. He's been workin' double, and when I'm laid up with that old rheumatism he runs things good as I could. We got the mortgage paid off now. How'd it be if we let him have the tobacco money? I was thinkin' of puttin' in the electric lights and fixin' things up a little with it, but if you'd rather give it ...
— Amanda - A Daughter of the Mennonites • Anna Balmer Myers

... with a laugh. "What I meant to say was, that you are undoubtedly acquainted with wealthy gentlemen, who know the best ways of investing money. I find my money a great trouble to me," she continued. "I had $25,000 invested in a first mortgage, but the property has been sold and the money repaid to me, and I don't know what to do ...
— Quincy Adams Sawyer and Mason's Corner Folks - A Picture of New England Home Life • Charles Felton Pidgin

... close friend of Samuel Harrington, and out of his earnings saved the place from being taken on a mortgage. ...
— Bart Stirling's Road to Success - Or; The Young Express Agent • Allen Chapman

... generation. Broad lands and lordly mansions were held by them on settlements and conditions that allowed small scope for the exercise of individual liberality. To these landlords the failure of year's rental receipts meant mortgage fore-one and hopeless ruin. Yet cases might be named by the score in which such men scorned to avert by pressure on their suffering tenantry the fate they saw impending over them.... They ...
— Is Ulster Right? • Anonymous

... forbidding, but to be trusted absolutely. He was sixty years old, and had been 'putting by' for nearly half a century. He lived in a tiny villa-cottage with his bed-ridden, cheerful wife, and lent small sums on mortgage of approved freeholds at 5 per cent.—no more and no less. Secure behind this rampart of saved money, he was the equal of the King on the throne. Not a magnate in all the Five Towns who would dare to be ...
— Tales of the Five Towns • Arnold Bennett

... No man is born with a mortgage on his soul; but every man is born a debtor to Time. Meet this obligation before you find too late that your life is impoverished and you ...
— Leaves of Life - For Daily Inspiration • Margaret Bird Steinmetz

... not," he answered, looking at me over his glasses, and I could see a pain straighten out the corners of his mouth under his fierce white mustache. "The judge's debts made a mortgage that nicely blanketed the place, and Sam had only to turn it over to the creditors and walk out to that little two-hundred-acre brier-patch the judge had ...
— Over Paradise Ridge - A Romance • Maria Thompson Daviess

... her daughter. This one asked who Clavering was?—and old Tom Eales, who knew everybody, and never missed a day in the Park on his grey cob, kindly said that Clavering had come into an estate over head and heels in mortgage: that there were dev'lish ugly stories about him when he was a young man, and that it was reported of him that he had a share in a gambling-house, and had certainly shown the white feather in his regiment. "He plays still; he is in a hell every ...
— The History of Pendennis • William Makepeace Thackeray

... man, I guess you know more law than me or old Putman. I seem to be in bad because I did not take your view and advice, instead of hiring that cheap lawyer. We had only Mary's money; I did not want to sell or mortgage our home, and if I had not killed Simpson, he would have ...
— Chit-Chat; Nirvana; The Searchlight • Mathew Joseph Holt

... Solicitor), in Caraway Street." It's DAVIS himself, not the daughter, that is the Solicitor, and, it seems she introduced the gay FIBBINS to her Papa. Hence another brief, a rather complicated one, on some dispute about a mortgage. ...
— Punch, Or The London Charivari, Vol. 101. October 10, 1891 • Various

... forty-eight hours before Thomas Jefferson had a first mortgage on every soul aboard the "Sleeping Sealer," from the cap'n to the oiler down in the engine-room. He was able, all right, but you couldn't have made an able seaman out of him in a hundred years. For all that, he did the work of ...
— Thomas Jefferson Brown • James Oliver Curwood

... more vehemently than he intended. "Don't you know that Joseph the son of Jacob brought the Egyptians to be Pharaoh's bond-slaves. Your chronicles and ours relate that he made the peasants mortgage their land in return for help during the seven lean years, and that, by his doing so, Pharaoh became sole possessor of all the land ...
— Historical Miniatures • August Strindberg

... vigorous attack on the gang of financial plunderers, who, with Fouquet at their head, simply embezzled the bulk of the state revenues. The money-lenders not only obtained the most usurious interest for their loans, but actually held in mortgage the most productive sources of the national taxation: and, not content with that, they bought up, at 10 per cent. of their nominal value, an enormous amount of discredited bills, issued by the government in the time of the Fronde, which ...
— The Great Events by Famous Historians, Volume 12 • Editor-In-Chief Rossiter Johnson

... me say more than I mean. To turn the place into a Gothic monastery, such a monastery as I dreamed would not be possible, unless indeed I pulled the whole place down, and I have not sufficient money to do that, and I do not wish to mortgage the property. For the present I am determined only on a few alterations. I have them all in my head. The billiard room, that addition of yours, can be turned into a chapel. And the casements of the dreadful bow-window might be removed, and mullions ...
— A Mere Accident • George Moore

... life has ever been its fleetingness, its appalling changes, its unexpected surprises. The only certainty of life is its uncertainty—its unstable tenure, its inevitable end. But practically we go on as if we could lay our plans, and mortgage time, without doubt or danger; until our feet are knocked from under us by some sudden shock, and we realize how unstable the equilibrium of life really is. The lesson ...
— Friendship • Hugh Black

... stood my friend, the master, a simple, upright man, with no mortgage on his roof, no lien on his growing crops, master of his land and master of himself. There was his old father, an aged, trembling man, but happy in the heart and home of his son. And as they started to their home, the hands of the old man went down on the young man's ...
— The Art of Public Speaking • Dale Carnagey (AKA Dale Carnegie) and J. Berg Esenwein

... hearty humour, sent breezes aloft to clear the air, and began to sweep down the rotten branches. That was no hard work, but it was a useful one. There was sweeping of another sort within Borreby Castle, where Waldemar Daae dwelt. His enemy, Ove Ramel, from Basnaes, was there, with the mortgage bonds upon the property and the dwelling-house, which he had purchased. I thundered against the cracked window-panes, slammed the rickety doors, whistled through the cracks and crevices, 'Wheu-gh!' Herr Ove should have no pleasure in the prospect ...
— The Sand-Hills of Jutland • Hans Christian Andersen

... doubt but that Patsy had a larger share of the world than many who could reckon their estates in acreage or who owned so many miles of fenced-off property. She held a mortgage on every inch of free roadway, rugged hilltop, or virgin forest her feet crossed. She claimed squatters' rights on every bit of shaded pasture, or sunlit glade, or singing brook her heart rejoiced in. In other words, ...
— Seven Miles to Arden • Ruth Sawyer

... better see the plumber and fitter who was going to instal the new hot water and sanitary system. James was a little dashed. He had calculated much less. Having only a few hundred pounds in possession after Throttle-Ha'penny, he was prepared to mortgage Manchester House if he could keep in hand a sufficent sum of money for the running of his establishment for a year. He knew he would have to sacrifice Miss Pinnegar's work-room. He knew, and he feared Miss Pinnegar's violent and unmitigated hostility. Still—his ...
— The Lost Girl • D. H. Lawrence

... at her, "I would think the worse of your intellect if you were. I adore you. Granted: but that constitutes no cut-throat mortgage. It is merely a state of mind which I have somehow blundered into, and with which you have no concern. So I ask nothing of you save to marry me. You may, if you like, look upon me as insane; it is the view toward which I myself incline. However, ...
— Gallantry - Dizain des Fetes Galantes • James Branch Cabell

... everything to his daughter, excepting some rights in the work-shop, which were Miss Pinnegar's. But the question was, how much did "everything" amount to? There was something less than a hundred pounds in the bank. There was a mortgage on Manchester House. There were substantial bills owing on account of the Endeavour. Alvina had about a hundred pounds left from the insurance money, when all funeral expenses were paid. Of that she was sure, and of ...
— The Lost Girl • D. H. Lawrence

... to be infused into it through the sheer excess of privilege and license with which it is surrounded." The credit system which was developed beside the share system made a bad condition worse. On the 1st of January, a planter could mortgage his future crop to a merchant or landlord in exchange for subsistence until the harvest. Since, as a rule, neither tenant nor landlord had any surplus funds, the latter would be supplied by the banker or banker merchant, who would then dictate ...
— The Sequel of Appomattox - A Chronicle of the Reunion of the States, Volume 32 In The - Chronicles Of America Series • Walter Lynwood Fleming

... either. If I'd got a good chance at him, or at Hull either, I would surely have called for a showdown an' gunned him if I could. But that wasn't what I came to Denver for. I had to arrange about gettin' my mortgage renewed." ...
— Tangled Trails - A Western Detective Story • William MacLeod Raine

... There seemed no need for deeds and mortgage papers then about here. Everybody knew everyone else, and things seemed to be solid forever. But now them plagued land fellows—well, they've got a good cheek, is all I can say." And he emptied an unsmoked pipe of ...
— The Motor Girls on Crystal Bay - The Secret of the Red Oar • Margaret Penrose

... mortgage is a grant of land as security for the payment of money, on condition that, if the money shall be paid according to contract, the grant shall be void. When only a part of the purchase money is paid on receiving a deed, the purchaser usually executes a mortgage to the seller, pledging the land as security for the remainder of the purchase money. And if the money shall not be paid as agreed, the land may be sold; but if sold for more than the amount due, the overplus is to be paid ...
— The Government Class Book • Andrew W. Young

... clouds rose on the horizon. The position of Sir Stephen Glynne had become seriously compromised, while under the system of unlimited partnership the liability of his two brothers-in-law extended in proportion. In 1845 the three brothers-in-law by agreement retired, each retaining an equitable mortgage on the concern. Two years later, one of our historic panics shook the money-market, and in its course brought down Oak Farm.[203] A great accountant reported, a meeting was held at Freshfield's, the company was found ...
— The Life of William Ewart Gladstone, Vol. 1 (of 3) - 1809-1859 • John Morley

... queen, her profuse donations had gratified his cupidity and displayed the fondness of her attachment; but at a later period the stream of her bounty ran low; and following the natural bent of her disposition, or complying with the necessity of her affairs, she compelled him to mortgage to her his barony of Denbigh for the expenses of his last expedition to Holland. Immediately after his death she also caused his effects to be sold by auction, for the satisfaction of certain demands of her treasury. From these circumstances it may probably be inferred, that ...
— Memoirs of the Court of Queen Elizabeth • Lucy Aikin

... course of his travels in France, formed an intimate acquaintance with the family, and, indeed, spent some time under their roof. M. Charpentier had, in his first alarm as to the coming Revolution, invested L4000 in English securities—part in a mortgage upon Lord Downshire's estates. On the mother's death, which occurred soon after her arrival in London, this nobleman took on himself the character of sole guardian to her children; and Charles Charpentier received in due time, through his interest, an ...
— Memoirs of the Life of Sir Walter Scott, Volume I (of 10) • John Gibson Lockhart

... money; Leonora was seeing to that. Still, he may have had five hundred pounds a year English, for his menus plaisirs—for his regimental subscriptions and for keeping his men smart. Leonora hated that; she would have preferred to buy dresses for herself or to have devoted the money to paying off a mortgage. Still, with her sense of justice, she saw that, since she was managing a property bringing in three thousand a year with a view to re-establishing it as a property of five thousand a year and since the property really, if not ...
— The Good Soldier • Ford Madox Ford

... the Peace terms much worse than those Armistace terms for they read like a 2nd mortgage, Party of the second part has no more chance than a ...
— Rogers-isms, the Cowboy Philosopher on the Peace Conference • Will Rogers

... very small portion of the profits of the lumber trade which had supported his ancestors, his father, and himself very handsomely, for he had been compelled to mortgage his share ...
— Uarda • Georg Ebers

... bad guess of mine about half expenses," he said good-humoredly. "I'd have to mortgage my future for a year. Do you ...
— Success - A Novel • Samuel Hopkins Adams

... identifying him, in a measure, with his noble old house, with the stately pillared portico, with his silver-plate and damask and mahogany, which his great-grandfather had brought from the old country, with his fine fields and his money in the bank. He held, moreover, a large mortgage on the house opposite, where Burr Gordon lived with his mother. Burr's father and Lot's, although sons of one shrewd father, had been of very different financial abilities. Lot's father kept his property intact, ...
— Madelon - A Novel • Mary E. Wilkins Freeman

... stanch friends, both Boers and English: and some of these, middle-aged men who knew perfectly well what they were talking about, strongly advised me to raise money, either by selling a portion of my farm, or by means of a mortgage upon it. But my father had instilled into me a perfect horror of anything that savoured of getting into debt, while the mere idea of selling any portion of the property which he had accumulated, almost acre by acre, was absolutely abhorrent ...
— Through Veld and Forest - An African Story • Harry Collingwood

... give him this money, Alice. I have not realized on my wool and wheat yet. I cannot coin money. I will not beg or borrow it. I will not mortgage an acre ...
— The Squire of Sandal-Side - A Pastoral Romance • Amelia Edith Huddleston Barr

... company this day; for he only staid breakfast with me, and rode out to see a sick gentleman about eighteen miles off, who begged (by a man and horse on purpose) to speak with him, believing he should not recover, and upon part of whose estate my master has a mortgage. He said, My dearest, I shall be very uneasy, if I am obliged to tarry all night from you; but, lest you should be alarmed, if I don't come home by ten, don't expect me: For poor Mr. Carlton and I have pretty large concerns together; and if he should be very ill, and would be comforted ...
— Pamela, or Virtue Rewarded • Samuel Richardson

... that I remember saying, 'Let's burn these mortgages,' and at the time I'm almost sure I didn't know the German for mortgage...." ...
— The Research Magnificent • H. G. Wells

... of how Teddy, a village boy, helped to raise the mortgage on his mother's home, and the means he took for doing so. The obstacles his crabbed uncle placed in his way; his connection with the fakirs at the County Fair; his successful Cane and Knife Board venture; ...
— Boy Scouts in Southern Waters • G. Harvey Ralphson

... arose from not having renewed the registration of the mortgage within the proper time. Arnoux had undertaken to attend to this matter formally himself, and had then forgotten all about it. Frederick got into a rage with him for this, and when the young man's ...
— Sentimental Education, Volume II - The History of a Young Man • Gustave Flaubert

... to the same strict accountability. The law will enforce her obligations with the same impartiality, whether such obligations are express or implied. She may contract with reference to all kinds of property, including real estate, and may mortgage her property as security for the debt of another, in precisely the same manner that her husband ...
— Legal Status Of Women In Iowa • Jennie Lansley Wilson

... descent of property, therefore, whenever a landlord may happen to die, his tenant shall have the privilege of converting his leasehold estate into a fee on which the debt is secured in the shape of mortgage, there is little left in the way of security to the affluent and unrepresented. They must unite their means to prevent destruction; and woe to that land which gives so plausible an excuse to the rich and intelligent for combining ...
— New York • James Fenimore Cooper

... dozen different people had seen the bomb thrown from the roof of Guggenheim's Department Store; which entirely contradicted the suit-case theory upon which the prosecution was based. So now it was necessary to "reach" these various witnesses. One perhaps had a mortgage on his home which could be bought and foreclosed; another perhaps had a wife who wanted to divorce him, and could be persuaded to help get him into trouble. Or perhaps he was engaged in an intrigue with some other man's wife; or ...
— 100%: The Story of a Patriot • Upton Sinclair

... change seats with me," Lil Artha had remarked as the fat scout started to settle down in the middle of the boat, just as though he had a mortgage ...
— Afloat - or, Adventures on Watery Trails • Alan Douglas

... chosen by the western counties one of the committee of noblemen and gentlemen, to report their griefs to the privy council of Charles II, anent the coming in of the Highland host in 1678." For undertaking this patriotic task he underwent a fine, to pay which he was obliged to mortgage half of the remaining moiety of his paternal property. This loss he might have recovered by dint of severe economy, but on the breaking out of Argyle's rebellion, Dennis Bertram was again suspected by government, apprehended, ...
— Guy Mannering • Sir Walter Scott

... he was called upon for two thousand dollars more; three months afterwards another two thousand was wanted; and so it ran till he was obliged to mortgage his farm, and finally to sell the greater part of it, to meet his subscription. In vain he begged for mercy, and pleaded the statement that only twenty per cent. would be needed. A new set of directors laughed him, and others like him, to scorn. He would have sold his stock, but he found it quoted ...
— Atlantic Monthly, Vol. 8, No. 50, December, 1861 • Various

... he shouted, taking the money-lender by the throat, "do you dare to mention her as part of your mortgage?" ...
— The Entailed Hat - Or, Patty Cannon's Times • George Alfred Townsend

... an old uncle and aunt living. When I left Burton he was comfortably fixed, with a small farm of his own, and two thousand dollars in bank. Now I hear that he is in trouble. He has lost money, and a knavish neighbor has threatened to foreclose a mortgage on the farm and turn out the old people to die ...
— Cast Upon the Breakers • Horatio Alger

... greater than his fair and plentiful Fortune cou'd maintain, nor were his Expences any way inferior to the Figure he made here in Town; insomuch, that in less than a Twelve-Month, he was forc'd to return to his Seat in the Country, to Mortgage a part of his Estate of a Thousand Pounds a Year, to satisfy the Debts he had already contracted in his profuse Treats, Gaming and Women, which in a few Weeks he effected, to the great Affliction of his Sister Philadelphia, a ...
— The Works of Aphra Behn - Volume V • Aphra Behn

... these up, it is said, and Rowena encouraged him in his efforts to become his own worst enemy, and after two or three patent-pails-full of wassail would get him to give her another county or two, until soon the Briton saw that the Saxon had a mortgage on the throne, and after it was too late, he said that immigration ...
— Comic History of England • Bill Nye

... classmates at Williams is counsel for the Desbrosses Trust and Guaranty Company which is the trustee for the bondholders. I passed on the mortgage for them as to its local aspects. I'm going over to Indianapolis to meet him in a few days to determine what to do in event the interest is defaulted. The management has been unsatisfactory, and after five years the replacements are ...
— Otherwise Phyllis • Meredith Nicholson

... these securities, but it was a much more limited one than it probably would have been but for the Erie scandal, and within the last year or two it was entirely glutted. Financial agents found it impossible to float a new American railway loan even where the security offered was a first mortgage bond. Thus, Jay Cooke & Co. were greatly disappointed with respect to the sale of their Northern Pacific bonds abroad, and nearly as much so in the demand for them at home; but they were pledged to the undertaking, their solvency became dependent ...
— Lippincott's Magazine. Vol. XII, No. 33. December, 1873. • Various

... its receipt was heralded far and wide by the papers, and appeals began to pour in from all sides, nor were they always appeals, but often demands. Scores of women considered themselves entitled to a share because the money had been left to further the cause of woman. One wanted it to help lift a mortgage on her home, others to educate their children, to pay a debt, to reward them for the valuable services they had given to woman suffrage, to start a paper, to carry one already started, and so on without end. The men also were willing to relieve ...
— The Life and Work of Susan B. Anthony (Volume 2 of 2) • Ida Husted Harper

... been replaced by porcelain tiling, and the neat, simple furniture of the parlors by huge mirrors; rosewood and brocatelle sofas and lounges; velvet tapestry carpets, in which one's feet sank almost out of sight; and immense paintings, whose aggregate cost might have paid off one half of the mortgage that encumbered ...
— The Continental Monthly, Vol 3 No 3, March 1863 - Devoted To Literature And National Policy • Various

... does not reach him. There is a man now living in Atchison county whose truthfulness has never been questioned, and he stated that he spent a winter in the Missouri River bottoms, sleeping in the same cabin with Charley Hayes, and that it seemed as if the devil had a mortgage on the ruffian's soul, and tormented him in his sleep with images of the horrors that awaited him in the future world. That it seemed as if he was wrestling in mortal struggle with the men he had maltreated and murdered, and that they were choking him to death. Hayes ...
— Personal Recollections of Pardee Butler • Pardee Butler

... profligate, in old age negligent, in neither caring for anything beyond his immediate needs. His tenants owed him thousands of pounds that he had never attempted to recover, for he had found it easier to borrow money on mortgage than exact it in rent. As a result of Jocelyn's finance Considine found that Gabrielle's only hope of saving anything from the ruined fortune lay in the sacrifice of Roscarna itself. The property, hopelessly degenerated as an agricultural estate, had still some ...
— The Tragic Bride • Francis Brett Young

... on Darius for a long time before he actually shot him down; but difficulties connected with the paring of estimates for printing had somewhat estranged them. Orgreave had had to smooth out these difficulties, offer to provide a portion of the purchase money on mortgage from another client, produce a plan for a new house that surpassed all records of cheapness, produce a plan for the transforming of Darius's present residence into business premises, talk poetically about the future of printing in the Five Towns, ...
— Clayhanger • Arnold Bennett

... your own: Pity! to build without a son or wife: Why, you'll enjoy it only all your life." Well, if the use be mine, can it concern one, Whether the name belong to Pope or Vernon? What's property? dear Swift! you see it alter From you to me, from me to Peter Walter; Or, in a mortgage, prove a lawyer's share; Or, in a jointure, vanish from the heir; Or in pure equity (the case not clear) The Chancery takes your rents for twenty year: At best, it falls to some ungracious son, Who cries, ...
— Essay on Man - Moral Essays and Satires • Alexander Pope

... of view, the hog is described as a great national resource, a farm mortgage lifter and debt-payer, and the most generally profitable ...
— Pratt's Practical Pointers on the Care of Livestock and Poultry • Pratt Food Co.

... Wife. "Ruined, are we? Allow me to remark, Fiddlesticks! Get the Merchant to take our third-story hall-bedroom for a week, and I'll soon clear off the mortgage." ...
— Punchinello, Vol. 1, No. 5, April 30, 1870 • Various

... revolution lasted for a short time only; brains and wealth again acquired control, and they always will control. To yield to our employees the privilege of fixing their own wages, and a voice in directing the affairs of our company is to cloud or mortgage our capital. This is a most unreasonable demand. Why should they expect us to share with them our property, title to which the United States ...
— The Harris-Ingram Experiment • Charles E. Bolton

... have your try," said Endicott, chuckling as if it were a good joke. "Here's a little farm down in Jersey. It's swampy and thick with mosquitoes. I understand it won't grow a beanstalk. There are twelve acres and a tumble-down house on it. I've had to take it in settlement of a mortgage. The man's dead and there's nothing but the farm to lay hands on. He hasn't even left a chick or child to leave his debt to. I don't want the farm and I can't sell it without a lot of trouble. I'll give it to you. ...
— Lo, Michael! • Grace Livingston Hill

... Eddie Carwell wanted to enter the ministry and needed help to go to college. I had just enough; so I gave it to him. Another time I had almost enough, when Charlie Rucker got into trouble over some mortgage business; so I used what I had that time to help him. Now I've given up the old ladies' home idea and am saving up for the blue silk dress Dave would have liked me to have. I guess I'll die some day and I want it to be buried in. I like to think I'm going to my two Daves ...
— Letters on an Elk Hunt • Elinore Pruitt Stewart

... nature; for in human history the accumulation of the selfish advantage of inequality has told with as much effect as ever it did in the original struggle of reptile and beast; and in our present complex and extended civilization a slight gain over the mass entails a telling mortgage of the future to him who makes it and to his heirs, while efficiency is of such high value in such a society that it must needs be favoured to the utmost; on the other hand a complex civilization encourages ...
— Heart of Man • George Edward Woodberry

... grants of land which may have been made, and no transfer of mortgage which may have been passed since the Annexation, will be invalidated by reason merely of their having been made or passed since that date. All transfers to the British Secretary for Native Affairs in trust for natives will remain ...
— A Century of Wrong • F. W. Reitz

... like a corkscrew. To pay Mrs Tallis her six thousand pounds I gave a mortgage on Ocho Rios for five thousand pounds as I only had about three or four thousand pounds in the Capricornian. I'm deuced lucky ...
— Tom Gerrard - 1904 • Louis Becke

... up an old, familiar and picturesque field of observation in a new and scientific light; it gives one a mortgage on man, a quasi-ownership in every creature and individual that comes within our range of contemplation; this science stimulates our observation and augments our reason; it teaches us to interrogate the causes and meaning of human actions, intensifies our interest in humanity, ...
— Not Like Other Girls • Rosa N. Carey

... round like a parched pea on a shovel. He said he thought he could a gone in the darkest night, and put his hand on that 'ere will; but when he went where he thought it was, he found it warn't there, and he knowed he'd kep' it under lock and key. What he thought was the will turned out to be an old mortgage. Wal, there was an awful row and a to-do about it, you may be sure. Ruth, she jist said nothin' good or bad. And her not speakin' made Jeff a sight more uncomfortable than ef she'd a hed it out with him. He told her it shouldn't make no sort o' difference; that he should allers stand ready to ...
— Oldtown Fireside Stories • Harriet Beecher Stowe

... nobody left but this Judy gal and her mother. I reckon their place would have gone for debt if it hadn't so happened that the trolley line from Louisville cut through it and they sold the right of way for enough to lift the mortgage. They do say that the Bucknors and Bucks were the same folks originally but that was in the early days and somehow the Bucks got down and the Bucknors staid up. Now the Bucknors would no more acknowledge the relationship to the Bucks than the ...
— The Comings of Cousin Ann • Emma Speed Sampson

... that you give a mortgage on your property, denotes that you are threatened with financial upheavals, which will throw ...
— 10,000 Dreams Interpreted • Gustavus Hindman Miller

... (Hermann, Staatsw. Untersuchungen, 202.) It has now become quite usual in the United States, on account of the many delays granted to the debtor by "democratic" laws introduced there, instead of mere mortgage, to give full warranty deeds when capital is loaned. By this means, the creditor is in danger, when misfortune overtakes him, to see himself compelled to let his property go at ...
— Principles Of Political Economy • William Roscher

... shall include individuals, partnerships and corporations, in the singular as well as plural number; the term "bond" shall mean all certificates, or written evidences, of indebtedness issued by any corporation and secured by mortgage or trust deed; the term "frank" shall be construed to mean any writing or token, issued by, or under authority of, a transmission company, entitling the holder to any service from such company free of charge. The provisions of this article shall always be so restricted ...
— Civil Government of Virginia • William F. Fox

... things here in a demoralizing profusion. Ask any large employer of labor, and he will tell you that what ails the working-classes is an excess of pianos and buggies and opera-boxes. Ask any workman what ails his employer, and he will say that it is the ownership of the earth, with a mortgage on planetary space. Both are probably right, or at least one is as right ...
— Imaginary Interviews • W. D. Howells



Words linked to "Mortgage" :   second mortgage, mortgage-backed security, mortgage loan, mortgagee, owe, mortgagor, mortgage holder, bond, mortgage application, mortgage deed, mortgager, security interest, Federal Home Loan Mortgage Corporation, first mortgage, chattel mortgage, Federal National Mortgage Association



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