Marye v. Hart

Citations

• 76 Cal. 291
• 18 P. 325
• 1888 Cal. LEXIS 877

Syllabus

<p>Mortgage—Provision for Payment of Tax on Mortgaged Premises— Constitutional Law — Interest. — A clause in a mortgage authorizing the mortgagee to pay taxes imposed upon the mortgaged premises which are chargeable thereon, and providing that such payments and interest thereon shall be considered as-secured by the mortgage, does not have the effect, under sections 4 and 5 of article 13 of the constitution, to render void the agreement for the payment of interest on the mortgage debt.</p>