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FULLER ENTERPRISES v. MANCHESTER SAV. BANK

No. 4748.

102 N.H. 117 (1959)

PETER FULLER ENTERPRISES, INC. & a. v. MANCHESTER SAVINGS BANK & a.

Supreme Court of New Hampshire.

Decided June 2, 1959.

Attorney(s) appearing for the Case

Burns, Bryant & Hinchey (Mr. Bryant orally), for the plaintiffs.

McLane, Carleton, Graf, Greene & Brown and Robert A. Raulerson (Mr. Graf orally), for the defendants.

LAMPRON, J.

The principal of each note is payable by its terms in specified monthly payments beginning April 28, 1958, and ending April 28, 1963, whereupon the entire balance is to become due and payable. Each note contains the provision that "sixty (60) days default in payment of any interest or principal payment to make the entire unpaid balance due and payable." The real estate and chattel mortgages securing the performance of these notes contained as a condition...

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