Owing to peculiar circumstances, I put in a provision that there was to be no foreclosure so long as the interest was paid.
I have permitted my lawyers to use the foreclosure as a threat, and I'm duty bound to see it through.
There was a defect in the foreclosure proceedings which made them a permanent underlying security of the reorganized company--under The Northern Pacific R.
A right of redemption allowed by State law upon foreclosure of a mortgage was unavailing to defeat a plan for reorganization of a debt or corporation where the trial court found that the claims of junior lienholders had no value.
Foreclosure of a mortgage made upon process duly issued but which the sheriff falsely returned as having been duly served, and of which the owner had no notice, does not deprive said owner of property without due process of law.
Farmers feared foreclosure and the wastage of their life efforts.
Other legislation of the 1935 session provided for a retail sales tax which resulted in greatly increased revenues for education and public welfare purposes, a drivers license law, and a two-year mortgage foreclosure moratorium.
Judgments of foreclosure in cases in Sullivan County had usually been taken before Judge Brown at Newburgh because, though in another judicial district, Orange County is an adjoining county and this is permitted by the code.
Foreclosure proceedings were under way, and it never occurred to the two women to stop them with even a part of the fifty dollars which Ellesworth paid for his board in advance.
Ellesworth: DEAR FRANK,--What the deuce do you mean by countermanding Benson's foreclosure at this time of day?
We just kept advertising the foreclosureat two o'clock Friday afternoon like it was some sort of bargain sale.
So, if you want to have your f-foreclosure to-day just hold your horses till I get through talkin'.
In some states after the foreclosure of the mortgage and the sale of the property there is still a period of redemption of from sixty days to six years.
In case of default, however, it devolves upon the trustee to protect the interests of the bondholders, and this may necessitate the foreclosure of the mortgage and sale of the property.
It must be remembered, however, that the foreclosure by the Government of its claim on the assets of the national banks would cut into the wealth on which deposits are based and so have a most disastrous effect on the deposit system.
In case of default and consequent foreclosure of the mortgage, extra payment is made to the trustee covering all services incident to the foreclosure.
The Federation insisted that the houses be sold onforeclosure and that the collected money be used not as a prior settlement but as an indemnity to the individuals thus deprived of their homes.
Rancor gave way to reason, however, and just before the day fixed for the foreclosure sale the matter was settled.
Foreclosure proceedings were then begun against one hundred and forty homes belonging to union men in the towns of Danbury, Norwalk, and Bethel.
In fact, it was believed that if the Pacific railroad property should be put up at foreclosure sale, no bidder would appear except the Huntington-Stanford interest, and perhaps the Union Pacific Railway.
It urged that the government let foreclosure take its course.
And this was a principal reason for the insistence upon foreclosure and the equanimity with which government operation was regarded.
Agitation along these same lines continued through 1896, and in January of the following year the legislature adopted a resolution opposing refunding and calling for foreclosure if necessary.
It had no interest in, and could by foreclosure secure no control over any branches, or over the principal terminals.
The committee was opposed to government operation and pessimistic about the results of a foreclosure sale.
But Philip stuffed them into his pocket unread; he had other and more poignant woes than foreclosure suits.
Scully's brow was furrowed into a thousand earned wrinkles, and the little knot of real-estate brokers who regularly attend foreclosuresales gazed reverently on the two advocates.
His daughter Fannie always attended to the carving, but on the night of the foreclosure sale it was Birdie who presided at the head of the board.
The history of the subsidiary is this: The corporation came into possession of certain mineral lands through the foreclosure of a mortgage.
The head of the corporation acquiring the property by foreclosure thought this product of little value.
Last time I was in town he asked me about paying it off and when I told him I shouldn't be able to do that, he said he'd have me deed it back to him to save foreclosure proceedings.
If it isn't paid when due, I'll start foreclosureproceedings immediately.
From this grievous disappointment, his spirits were beginning to rise, when the sudden foreclosure of the mortgage and hurried sale of his farm crushed all his hopes to the earth.
The five-acre lot passed from his hands, under the hammer, in the foreclosure of a mortgage, for one thousand dollars!
Only eight hundred dollars have since been paid on it; and as the time for which the mortgage was to remain has now expired, a foreclosure is about to take place.
This the broker said he could easily do, as the business of foreclosure was in his own hands.
Now every rood of the land, to the uttermost extremity of the Beal, was in the hands of mortgagees, and the dread of foreclosure weighed on the Squire like a nightmare.
After the original petition was filed for the foreclosure of the mortgage I filed a supplemental bill making the Charter Oak Life Insurance Company the plaintiff and Hoyt Sherman, the assignee in bankruptcy, the respondent.
On the foreclosure of this mortgage I had represented Martin Flynn and a number of the other contractors, for whom I had filed a mechanics' lien for work done and material furnished in the construction of the road north of Gowrie.
Polk and Mr. Bisbee, an attorney of Chicago, were employed by the assignee in bankruptcy to defeat the suit for the foreclosure of the mortgage.
This may be done at any time before foreclosureby the mortgagee.
Many of the states provide by statute for the organization of a corporation by those persons purchasing the property of public service corporations at a foreclosure sale.
Foreclosure is discussed under a separate section.
Statutes of some states provide that the purchasers of such property at foreclosure sale may, and shall organize a corporation which shall carry out the purposes of the original corporation.
A common example is in case of a foreclosure of a mortgage on a railway.
Especially did she recall his having saved them from foreclosure and disgrace years before.
According to the law of the state, when a foreclosure is completed, the party of the first part may redeem the land within one year from the date of the foreclosure.
It is safe beyond question; for, as you observed a little while ago, the acres cannot run away and I will see to there being the fullest powers of foreclosure and sale; so there can be no possibility of loss.
If there is a default in payment all the mortgages fall due at once, and in our small market the sum involved in the foreclosure is as large as any buyer would be likely to bid on one property.
And that in addition to this contribution, the same debtors make a net loss of 1,536 pieces of property by foreclosure in one year.
It is after the foreclosure that the debtor cannot even redeem his mortgaged property; he has then to remain propertyless.
Foreclosure of mortgages regulated by statute in United States.
Mortgages (see Foreclosure), foreclosure of, difficult in United States; modern legislation in United States impairs security of.
Then the foreclosure of your mortgage will be sure to take your neighbor's farm, and probably leave him in your debt besides.
Now Squire, I suppose theforeclosure is off; ain't it?
And the Apgars were happy, too, for the foreclosure proceedings were stopped by the satisfying of the mortgage with Uncle Isaac's money.
At the foreclosure on the McGinnis property, Pres Huff rode his horse between the court officers and those attending the sale, and pistol in hand declared the land his by right of possession.
So it was mutually--amicably--arranged that the foreclosure proceedings should take place in Pall Mall on June 7th, and their bridal tour would be to Nashville.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "foreclosure" in a variety of sentences. We hope that you will now be able to make sentences using this word.
