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Mortgage   /mˈɔrgədʒ/  /mˈɔrgɪdʒ/   Listen
Mortgage

verb
(past & past part. mortgaged; pres. part. mortgaging)
1.
Put up as security or collateral.



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"Mortgage" Quotes from Famous Books



... to New Orleans, where his long-forbearing agents had at last awakened him to a bitter sense of his delinquencies, and when mortgage upon mortgage were laid with all their shocking truth before him, he returned and came to me. With all his vices and faults, he was truthful and generous. He told me all, and how he would try to do better, and soothe the declining years of his too ...
— Captain Brand of the "Centipede" • H. A. (Henry Augustus) Wise

... go any hundred," the agent said, triumphantly. "And besides that, isn't it to your advantage to live in your own house, and have a home that you can be proud of, and pay everything over your interest toward your mortgage? We have people here who only paid two or three thousand down, we don't push you— that isn't our idea. If you can't meet our terms, we'll meet yours. You've got your nest-egg, ...
— Undertow • Kathleen Norris

... the appearance of White Legs in the leading trio, and Bradley looked so much at ease that all who had backed the horse were confident; before the distance was reached the scarlet jacket held the lead, and the Baron's horse appeared to have a mortgage on the race. ...
— The Rider in Khaki - A Novel • Nat Gould

... which seemed to be made for his genius. He immediately suspended his interesting quarrel with his brother, and, instead of contesting with him the crown to which he had such fair pretensions, or the duchy of which he was in possession, he proposed to mortgage to him the latter during five years for a sum of thirteen thousand marks of gold. William, who had neither sense of religion nor thirst of glory, intrenched in his secure and narrow policy, laughed at a design that had deceived all the great minds in Europe. He extorted, as usual, ...
— The Works of the Right Honourable Edmund Burke, Vol. VII. (of 12) • Edmund Burke

... the captain find cash for this? The fact is, he never paid in ready money; for that was unknown to his pockets, and very rare in the district. He paid in sundry equivalents of produce; and a nice little mortgage might be effected on his nice little farm of Daisy Burn if needs be. Zack held his greedy grasping fingers over it; for the family were obliged to go a good deal in debt for sundry necessities. Slave and scrape as Miss Armytage might, she had no way of raising money for such things as tea ...
— Cedar Creek - From the Shanty to the Settlement • Elizabeth Hely Walshe

... only a 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 ...
— Uarda • Georg Ebers

... themselves; that it has been the misfortune of that family to be the property of their stewards, tradesmen, and inferior servants, which has brought great incumbrances upon them; at the same time, their not abating of their expensive way of living has forced them to mortgage their best manors. It is credibly reported that the butcher's and baker's bill of a Lord Strutt that lived two hundred years ago ...
— The History of John Bull • John Arbuthnot

... 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 ...
— Historical Miniatures • August Strindberg

... in the year 1576, for a period of twenty-one years. In spite of many pecuniary difficulties, which the heavy rent and high interest naturally entailed on Burbage—who for some time even seems to have been obliged to mortgage his entire property—and innumerable annoyances from the Puritans, Burbage succeeded in keeping his theatre above water till the expiration of the lease and till his own ...
— The Great Events by Famous Historians, Vol. 1-20 • Various

... the granting of bounties in the form of loans to ship-owners was proposed, with the object of inducing them to buy Russian ships built of Russian materials instead of foreign product. The scheme contemplated a mortgage on the finished ship at fifty per cent of the actual cost, without interest, to cover a period of twenty years, the loans to be in equal yearly payments. The amount of the bounty was to depend upon the difference between the cost of home-built and foreign-built ...
— Manual of Ship Subsidies • Edwin M. Bacon

... threaten to foreclose a mortgage, and the youth suddenly realized his responsibilities. Leaving school, he secured a job in the roundhouse at Stanley Junction. Here, notwithstanding the plots, hatred and malice of a worthless, good-for-nothing fellow named Ike Slump, ...
— Ralph on the Engine - The Young Fireman of the Limited Mail • Allen Chapman

... that one object at least of the party of agitation has been achieved. To politico-economists it will appear a Pyrrhic victory. Capital is effectually scared from this part of Ireland, and those who have invested money on mortgage and found themselves at last compelled to "take the beast for the debt" are bitterly regretting their ill-judged promptitude. A large farm between this and Achill, or near Ballina on the north, or in the country extending from the spot where ...
— Disturbed Ireland - Being the Letters Written During the Winter of 1880-81. • Bernard H. Becker

... refuge.[1301] In the Prussian states and according to the code of Frederick the Great, a still more rigorous servitude is atoned for by similar obligations. The peasantry, without their seignior's permission, cannot alienate a field, mortgage it, cultivate it differently, change their occupation or marry. If they leave the seigniory he can pursue them in every direction and bring them back by force. He has the right of surveillance over their private life, and he chastises ...
— The Origins of Contemporary France, Volume 1 (of 6) - The Ancient Regime • Hippolyte A. Taine

... to be pegged out iv dures be a mere American be descent?' he says. 'A man,' he says, 'that hasn't an entail to his name,' he says. 'An American's home in London is an Englishman's castle,' he says. 'As th' late Earl iv Pitt said, th' furniture may go out iv it, th' constable may enther, th' mortgage may fall on th' rooned roof, but a thrue Englishman'll niver leave,' he says, 'while they'se food an' dhrink,' he says. 'Willum Waldorf Asthor has busted th' laws iv hospitality, an' made a monkey iv a lile subjick iv th' queen,' he says. 'Hinceforth,' he says, ...
— Mr. Dooley's Philosophy • Finley Peter Dunne

... for you will be happy among us. Such, at least, is the opinion of Clementine.... I forget that I was pledged not to name her. Master Bonnivet, our excellent neighbor, has not rested content with investing your funds in a good mortgage, but has also drawn up, in his leisure moments, a most edifying little indenture, which now lacks nothing but your signature. Our worthy mayor has ordered, on your account, a new official scarf, which is on the way from Paris. ...
— The Man With The Broken Ear • Edmond About

... should they? John's been fair I take it. What was his was always hers. There was no quarrel about property." "Reason enough, there was no property. A friend or two as good as own the farm, Such as it is. It isn't worth the mortgage." "I mean Estelle has always held the purse." "The rights of that are harder to get at. I guess Estelle and I have filled the purse. 'Twas we let him have money, not he us. John's a bad farmer. I'm not blaming him. Take it year in, ...
— North of Boston • Robert Frost

... 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 Life of William Ewart Gladstone, Vol. 1 (of 3) - 1809-1859 • John Morley

... that the Bank was intended to exalt the moneyed interest and debase the landed interest; and others imagined the bill was intended to enrich usurers, who would prefer banking their money to lending it on mortgage. "Something was said," says Macaulay, "about the danger of setting up a gigantic corporation, which might soon give laws to the King and the three estates of the realm." Eventually the Lords, afraid to leave ...
— Old and New London - Volume I • Walter Thornbury

... A direct mortgage of the interest of a ship is allowed, without subjecting the mortgagee to the responsibility of ...
— The Great Speeches and Orations of Daniel Webster • Daniel Webster

... a long period of this life in Arizona, an offer came to me which, my partners consenting, was gladly accepted, viz., to take charge of and operate certain cattle-ranches in New Mexico in the interests of a Scottish Land and Mortgage Company. Things had not been going well with us and the future held out no prospects of improvement. Also I had been loyal to my agreement not to take or seek any share in the management of affairs, and the natural ...
— Ranching, Sport and Travel • Thomas Carson

... refractory scavenger. A strike of sweepers on the occasion of a great fair, or of a cholera epidemic, is a most dangerous calamity. The vested rights described in the text are so fully recognized in practice that they are frequently the subject of sale or mortgage. ...
— Rambles and Recollections of an Indian Official • William Sleeman

... the treatment of the royalists; first, that the report was colored according to the interest which a man possessed, or other private means for biassing the commissioners; secondly, that often, when money could not be raised on mortgage to meet the sequestration, it became necessary to sell a family estate suddenly, and. therefore in those times at great loss; so that a nominal fifth might be depressed by favor to a tenth, or raised by the necessity of selling to a half. ...
— Biographical Essays • Thomas de Quincey

... these marriage contracts, giving apparently great power to the wife, arose out of the mortgage on the husband's property as security for the wife's settlement; her consent became necessary to all his acts. Thus it is usual for the husband's deeds to be endorsed by the wife, while he did not endorse hers. In some cases the wife's consent seems to have been necessary even in ...
— The Truth About Woman • C. Gasquoine Hartley

... to you to-morrow relative to Leasy's mortgage (which Garrick has, and advises us to take), and many other particulars. When matters are in a certain train (which I hope will be in a week,) I suppose you will not hesitate to come to town for a day ...
— Memoirs of the Life of the Rt. Hon. Richard Brinsley Sheridan V1 • Thomas Moore

... year. I advise most urgently against the incurring of heavy debts. Better begin with three acres than thirty, or three hundred, from which a large sum of interest money must be obtained before a penny can be used for other purposes. Anything can be raised from a farm easier than a mortgage. ...
— Success With Small Fruits • E. P. Roe

... 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

... province of Africa, which he governed with great reputation, excepting that once, in an insurrection at Adrumetum, he was pelted with turnips. It is certain that he returned thence nothing richer; for his credit was so low, that he was obliged to mortgage his whole property to his brother, and was reduced to the necessity of dealing in mules, for the support of his rank; for which reason he was commonly called "the Muleteer." He is said likewise to have been convicted ...
— The Lives Of The Twelve Caesars, Complete - To Which Are Added, His Lives Of The Grammarians, Rhetoricians, And Poets • C. Suetonius Tranquillus

... I should think.—as long as anybody is good," said Monroe. "Still I should feel safer with a mortgage, or even with stocks; for if these do go down, they ...
— Atlantic Monthly Vol. 3, No. 16, February, 1859 • Various

... will become of Archie," the sick man said, speaking very slowly. "I shall leave him nothing but Stoneleigh, with a mortgage on it for four hundred pounds, and a little annuity which came through his mother. Strange, that from dear little Dora, who, when I married her, had nothing but her sweet voice and sweeter face, the boy should inherit all the ready money he can ...
— Bessie's Fortune - A Novel • Mary J. Holmes

... business.[1410] The Court will not undertake to assess the relative importance of the public and private functions of a financial institution which Congress has seen fit to create. It sustained the act setting up the Federal Farm Loan Banks to provide funds for mortgage loans on agricultural land against the contention that the right of the Secretary of the Treasury, which he had not exercised, to use these banks as depositaries of public funds, was merely a pretext for chartering ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin

... and propelled from behind, I overthrew the schoolmaster, and in which my infantile spine received its curvature; the nursery-maid, surrendering her lips alternately to me and the gardener; the old home of my youth, with the ivy and the mortgage on it; my eldest brother, who by will succeeded to the family debts; my sister, who ran away with the Count von Pretzel, coachman to a most respectable New York family; my mother, standing in the attitude of a saint, pressing with ...
— The Collected Works of Ambrose Bierce, Volume 8 - Epigrams, On With the Dance, Negligible Tales • Ambrose Bierce

... of a large oil-cloth manufactory in Troy. Her sons are engaged in business with her, but she, still bright and active, remains at the head of the firm. This is the largest oil-cloth factory in the United States. She was left a widow with three sons, with a heavy mortgage on her estate. She secured an extension of time, built up the business and educated her sons to the work. She is also president of a bank.——A successful nautical school in New York is conducted by two ladies, ...
— History of Woman Suffrage, Volume III (of III) • Various

... transmitted by the aforesaid messenger to the Cardinal proponent of the holy Roman Church, in the Congregation of the Sacred Council. The possessions belonging to my table, I will neither sell nor give away, mortgage nor grant anew in fee, nor anywise alienate, no, not even with consent of the Chapter of my Church, without consulting the Roman Pontiff. And if I shall make any alienation, I will thereby incur the penalties contained in a certain Constitution put ...
— Americanism Contrasted with Foreignism, Romanism, and Bogus Democracy in the Light of Reason, History, and Scripture; • William Gannaway Brownlow

... son in life by giving him a business that is heavily mortgaged at the start, but many a parent unconsciously launches the unsuspecting child into a life of such ill health—resulting from a simple narrow prepuce—beside which a heavy mortgage or a heavy yearly tribute would be but a mere trifle. I have seen such men, who in after life, broken-down and perfectly physical wrecks, would gladly have given all their wealth and been willing to have some genii set them down in the middle of the Sahara, shirtless ...
— History of Circumcision from the Earliest Times to the Present - Moral and Physical Reasons for its Performance • Peter Charles Remondino

... petitions for reduction of rent; many have been granted, more have been refused. The reasons given in one case were, a ground-rent, a heavy mortgage, an annuity, and legacies. The question whether one set of tenants was able to meet all these burdens, not laid on by themselves mind, and live, never was taken into ...
— The Letters of "Norah" on her Tour Through Ireland • Margaret Dixon McDougall

... he says, "as Trustees of the Carnegie Peace Fund, ten million dollars of five per cent. mortgage bonds, the revenue of which is to be administered by you to hasten the abolition of international war, the foulest blot upon our civilization. Although we no longer eat our fellowmen nor torture our prisoners, nor sack cities, killing their inhabitants, we still kill each other ...
— America Through the Spectacles of an Oriental Diplomat • Wu Tingfang

... it, but I cannot just remember what. My second cashier, Mr Smith, manages all my private affairs, and they go clean out of my head. I'm afraid he's in Grosvenor Square at this moment. Let me see;—Pickering! Wasn't there some question of a mortgage? I'm sure there was something ...
— The Way We Live Now • Anthony Trollope

... 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

... I, William H. Vanderbilt, of the city of New York, by virtue of a sale made under a judgment in a suit to foreclose a chattel mortgage in the supreme court of this State, in which I was plaintiff and Ulysses S. Grant defendant, which judgment was entered on the 6th day of December, 1884, and under an execution in another suit in said court between the ...
— A Compilation of the Messages and Papers of the Presidents - Section 2 (of 2) of Volume 8: Chester A. Arthur • James D. Richardson

... can't go beyond the six thousand; I shall have to raise every penny on mortgage as it is. The estate ...
— Forsyte Saga • John Galsworthy

... fortune, who were marching with the march of mind, in a good condition for taking castles, as far as not having a groat is a qualification for such exploits. She was also a glittering bait to divers young squires expectant (whose fathers were too well acquainted with the occult signification of mortgage), and even to one or two sprigs of nobility, who thought that the lining of a civic purse would superinduce a very passable factitious nap upon a thread-bare title. The young lady had received an expensive and complicated education, complete in all the elements of superficial ...
— Crotchet Castle • Thomas Love Peacock

... taxed for your debts; the fact was not denied—an ominous silence declared that not a halfpenny of that mighty mortgage would ...
— Thomas Davis, Selections from his Prose and Poetry • Thomas Davis

... April 15, 1865, thinks that one reason why the American civil war was so popular in the northwest was because the paper money issued during the rebellion made it easy for that part of the country to pay off the mortgage-debts which had burthened it since 1848. Even of the two law catastrophes, Duclos, in his memoirs, remarks that they produced a great admixture of those who had been formerly separated by differences of class and wiped out the previous ...
— Principles Of Political Economy • William Roscher

... Virginia, are our relatives—and that SHERMAN marched through us during the late southward projection of certain of your Northern military scorpions. After our father's felo-desease, ensuing remotely from an overstrain in attempting to lift a large mortgage, our mother gave us a step-father of Northern birth, who tried to amend our constitutions ...
— Punchinello, Vol. 1, No. 14, July 2, 1870 • Various

... ther storm put it out of business. I guess it's all up with me now. I hoped ter pay off ther part of ther mortgage with ther hay and grain in thet barn yonder, an' now——" He broke off in a half sob. Cantankerous as the old man had shown himself to be, and grasping withal, the boys could not help but feel sorry for the stricken old fellow. He ...
— The Girl Aviators' Motor Butterfly • Margaret Burnham

... had had the time of her life during her nine weeks' stay at Four Oaks. "People here every day, and the house full over Sunday. We've kept the place humming," said she, "and you may be thankful if you find anything here but a mortgage. When Tom and I get rich, we are ...
— The Fat of the Land - The Story of an American Farm • John Williams Streeter

... Prob'ly I talked foolish about what all I was gonna do about it. I wasn't blowin' off hot air 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

... handsome income at Pen-Hoel. The eight thousand francs which the widow's half-brother and sister Rogron sent to her from her father's estate (after a multitude of legal formalities) were placed by her in the Lorrains' business, they giving her a mortgage on a little house which they owned at Nantes, let for three hundred francs, and ...
— The Celibates - Includes: Pierrette, The Vicar of Tours, and The Two Brothers • Honore de Balzac

... and sighs, and some slight kisses, They parted for the present—these to await, According to the artillery's hits or misses, What sages call Chance, Providence, or Fate (Uncertainty is one of many blisses, A mortgage on Humanity's estate)— While their beloved friends began to arm, To burn a town which never ...
— Don Juan • Lord Byron

... an impotent emperor, would have made a very good exchange broker. He seemed to be fond of mercantile life, establishing manufactories, and letting out money on bond and mortgage. When the queen was greatly pressed for funds he would sometimes accept her paper, always taking care to obtain the most unexceptionable security. He engaged in a partnership with two very efficient men for farming the ...
— The Empire of Austria; Its Rise and Present Power • John S. C. Abbott

... 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 ...
— Gallantry - Dizain des Fetes Galantes • James Branch Cabell

... crisply. "I'm too busy, 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 a ...
— The Long Chance • Peter B. Kyne

... Raymond along with Helen, ain't ye? Don't see him hangin' around any since she got back, and the way you was actin' when I see you struttin' into the parsonage yard last night afore mail time made me think you must have a first mortgage on Helen and her pa and the house and the meetin'-house and two-thirds of the graveyard. I never see such an important-lookin' critter in MY life. Haw, haw! Eh? ...
— The Portygee • Joseph Crosby Lincoln

... within a short time or otherwise waste it, is an injustice as great as it is common, and it should be prevented by limiting the right of women to inherit. It seems to me that it would be a better arrangement if women, be they widows or daughters, only inherited the money for life secured by mortgage, but not the property itself or the capital, unless there lacked male descendants. It is men who make the money, and not women; therefore women are neither justified in having unconditional possession of it nor capable of administrating it. Women should never have the ...
— Essays of Schopenhauer • Arthur Schopenhauer

... always sold it at a loss. Then, in Paris, my house represented a rental of ten thousand francs; I had to invest my money at the notaries; I was kept waiting for the interest, and could only get the money back by prosecuting; in addition I had to study the law of mortgage. In short, there was business in Nivernais, in Seine-et-Marne, in Paris—and what a burden, what a nuisance, what a vexing and losing game for a widow ...
— Letters of Two Brides • Honore de Balzac

... are traps to catch school boy novices and gaping country squires, who begin with a guinea and end with a mortgage. —CUMBERLAND. ...
— Many Thoughts of Many Minds - A Treasury of Quotations from the Literature of Every Land and Every Age • Various

... 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 ...
— Thomas Jefferson Brown • James Oliver Curwood

... you pay for that horse of yours?" "Was that gown very expensive?" "Have you a mortgage on that place?" "How much is the mortgage?" "What rent do you pay?" "How much does your table cost you per week?" etc., etc., until the unfortunate being at whom this battery of inquiries is aimed feels tempted to forget his "polish" and ...
— The Secret of a Happy Home (1896) • Marion Harland

... advised him to seek an attorney of his own for consultation. Within a week Sayles knew more about the libel law, and gladly settled out of court to avoid the danger of having to pay much more after standing suit. The amount that he paid was five thousand dollars, and to do this the editor had to put a mortgage on his newspaper plant. ...
— Uncle Sam's Boys as Lieutenants - or, Serving Old Glory as Line Officers • H. Irving Hancock

... he said, "but I have an idea, First Mortgage, that they were merely a Sunday school picnic compared to what we are about ...
— Astounding Stories of Super-Science September 1930 • Various

... shopkeeper shall borrow money much easier than a prince, if the credit of the tradesman has the reputation of being an honest man. Not the crown itself can give credit to the head that wears it, if once he that wears it comes but to mortgage his honour in the matter of ...
— The Complete English Tradesman (1839 ed.) • Daniel Defoe

... was of roseate hue. He was in love and had money of his own to start his new business venture. He could take his street-car stocks, which were steadily increasing in value, and raise seventy per cent. of their market value. He could put a mortgage on his lots and get money there, if necessary. He had established financial relations with the Girard National Bank—President Davison there having taken a fancy to him—and he proposed to borrow from that institution some day. All he wanted was suitable investments—things in which he could ...
— The Financier • Theodore Dreiser

... been that of his bourgeois marriage. In youth he had been wildly 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 value as a fishing or shooting ...
— The Tragic Bride • Francis Brett Young

... all sorts of ways. He couldn't employ me himself—and if he could 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 Odd Women • George Gissing

... Brittany had become so frightfully entangled, that it was absolutely necessary for him to be able to command a considerable sum to redeem his credit; and he saw no means by which this desirable end could be obtained, except by a mortgage upon his son's estate. One of his strongest motives in visiting America was to effect this purpose; but he earnestly desired to conceal from Maurice the step he projected, trusting to his own skill in under-hand management ...
— Fairy Fingers - A Novel • Anna Cora Mowatt Ritchie

... house whose underpinning comes up to the eaves"; while the place unmentionable to ears polite was "where they don't rake up the fires at night." A man, speaking to us once of a very rocky clearing, said, "Stone's got a pretty heavy mortgage on that farm"; and another, wishing to give us a notion of the thievishness common in a certain village, capped his climax thus:—"Dishonest! why, they have to take in their stone walls o' nights." Any one who has driven over a mountain-stream by one ...
— Atlantic Monthly, Vol. 4, No. 25, November, 1859 • Various

... said. "'What does one do with a legal document?' My dear, one does a thousand things. One buys land, or sells it—which is much better. One gets separated, or, rather, two get separated; one gets a legacy, generally quite inadequate; one executes a mortgage, but you mustn't ask me who is the mortgagor and who is the mortgagee, for, upon my sacred word of honour, I never can remember which is which or who does what. One leaves one's money to one's beloved ...
— Punch, or the London Charivari, Vol. 146, June 24, 1914 • Various

... wagons and all improvements necessary to the running of a good outfit, and ten thousand head of mixed cattle, just as they are now running loose on the range, for three hundred thousand dollars. I need only pay half this amount down, a five-year mortgage at eight per cent. on the property covering the remainder, to be paid in five yearly installments, falling due after shipping time. Now that you did not buy as much young stock as we at first intended, ...
— The Long Shadow • B. M. Bower

... months 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 ...
— Atlantic Monthly, Vol. 8, No. 50, December, 1861 • Various

... enterprise is undertaken its promoters often expect to make the road not only supply the money for its construction but also give working capital in addition. This is done by the issue of mortgage bonds. Default in the payment of interest throws the road into the hands of a receiver. The securities immediately fall in value and are perhaps bought up by a syndicate of crafty speculators who are permitted to reorganise the road and its management. This is the history of many of our ...
— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... construction of a certain amount of public works, almost necessitates the borrowing of money, and debt means heavy taxes. It is like the case of a young man who, in order to secure a home for his quickly growing family, buys a house under a heavy mortgage. Twice a year there comes in a great bill for interest, and in order to meet it he must economize in his table or now and then deny himself a new suit of clothes. So if a city has to tax heavily to ...
— Civil Government in the United States Considered with - Some Reference to Its Origins • John Fiske

... our home almost paid for, when the accident occurred. It was in the path of the heaviest fallout, and we couldn't have kept on living there even if the town had stayed. When Ridgeville moved to its present site, so, of course, did we, which meant starting mortgage ...
— Junior Achievement • William Lee

... painfully apparent. Ivan Ivan'itch will doubtless leave to his children an unencumbered estate and a certain amount of capital. The children of Victor Alexandr'itch have a different prospect. He has already begun to mortgage his property and to cut down the timber, and he always finds a deficit at the end of the year. What will become of his wife and children when the estate comes to be sold for payment of the mortgage, it is difficult to predict. He thinks very little of that eventuality, ...
— Russia • Donald Mackenzie Wallace

... given to the country. I am only anxious to make as much of it as possible before the mortgage on it ...
— From Canal Boy to President - Or The Boyhood and Manhood of James A. Garfield • Horatio Alger, Jr.

... even though the law 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 ...
— Personal Recollections of Pardee Butler • Pardee Butler

... against him; and I knew what a condescension it was for him to visit us. And it is a very grievous thing, which touches small landowners, to see an ancient family day by day decaying: and when we heard that Ley Barton itself, and all the Manor of Lynton were under a heavy mortgage debt to John Lovering of Weare-Gifford, there was not much, in our little way, that we would not gladly do or suffer for the benefit of ...
— Lorna Doone - A Romance of Exmoor • R. D. Blackmore

... ambiguous nature, it has given rise to a multitude of contradictions in the laws and in morals,—contradictions which have been very cleverly turned to account by lawyers, financiers, and merchants. Thus the usurer, who lends on mortgage at ten, twelve, and fifteen per cent., is heavily fined when detected; while the banker, who receives the same interest (not, it is true, upon a loan, but in the way of exchange or discount,—that is, of sale), is protected by ...
— What is Property? - An Inquiry into the Principle of Right and of Government • P. J. Proudhon

... guaranty, guarantee; gage, warranty, bond, tie, pledge, plight, mortgage, collateral, debenture, hypothecation, bill of sale, lien, pawn, pignoration^; real security; vadium^. stake, deposit, earnest, handsel, caution. promissory note; bill, bill of exchange; I.O.U.; personal security, covenant, specialty; parole &c (promise) 768. acceptance, indorsement^, ...
— Roget's Thesaurus of English Words and Phrases: Body • Roget

... sort of sad prophecy, based on self-knowledge of the nature of that man who, after such thaumaturgy, could go down to Stratford and live there for years, only collecting his dividends from the Globe Theatre, lending money on mortgage, and leaning over his gate to chat and bandy quips with neighbors? His mind had entered into every phase of human life and thought, had embodied all of them in living creations;—had he found all empty, and come at last to the belief that genius and its works were as phantasmagoric as the rest, ...
— Among My Books - First Series • James Russell Lowell

... Purdy wailed. "I know f'r a fact that a piece of property 'bout same size, right near, sold for less 'n eighty-five hundred, 'twa'n't two years ago, and here you fellows are asking me twenty-four thousand dollars! Why, I'd have to mortgage—I wouldn't mind so much paying twelve thousand but—Why good God, Mr. Babbitt, you're asking more 'n twice its value! And threatening to ruin me if I ...
— Babbitt • Sinclair Lewis

... grateful to you, Mr. Lincoln, as any man can be for his life. But this came so sudden that I did not lay out for it. But I have my bounty-money in the savings-bank, and I guess we could raise some money by a mortgage on the farm; and, if we wait till pay-day for the regiment, I guess the boys will help some, and we can make it up—if it isn't more nor five or ...
— The Lincoln Story Book • Henry L. Williams

... condition of our nation's finances, the want and woe with millions of dollars unemployed in our money centres, the Christian Scientists, within fourteen months, responded to the call for this church with $191,012. Not a mortgage was given nor a loan solicited, and the donors all touchingly told their privileged joy at helping to build The Mother Church. There was no urging, begging, or borrowing; only the need made known, and forth came the money, or ...
— Pulpit and Press • Mary Baker Eddy

... that he was left almost penniless. With all the thrift, frugality, and self-denial of mother and aunt, they had been able to leave the youth hardly anything at all when they died. The humble home, with all its belongings, was sold for less than the mortgage, and Tom found himself with little besides the clothes he wore and a few precious mementoes of those that ...
— Brave Tom - The Battle That Won • Edward S. Ellis

... patriotic people,—not, as in the days of the former issues of paper money, an absolute monarchy controlled by politicians and adventurers; that she was able to secure every livre of her paper money by a virtual mortgage on a landed domain vastly greater in value than the entire issue; that, with men like Bailly, Mirabeau and Necker at her head, she could not commit the financial mistakes and crimes from which France had suffered under John Law, the Regent Duke of ...
— Fiat Money Inflation in France - How It Came, What It Brought, and How It Ended • Andrew Dickson White

... 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 condescending to Eli ...
— Tales of the Five Towns • Arnold Bennett

... untold satisfaction in this day of presumptuous spires or burdensome church debts, that the Allen Street Presbyterian Church has no such encumbrance—not one dollar of mortgage rests upon it; that at the close of each fiscal year, by means of the voluntary system, and the kindly aid of friends interested in the prosperity of the church, and the maintenance of the preached word in this part of the city, ...
— Gathering Jewels - The Secret of a Beautiful Life: In Memoriam of Mr. & Mrs. James Knowles. Selected from Their Diaries. • James Knowles and Matilda Darroch Knowles

... livres," he muttered; "this Chesnel makes very free. This is what comes of these accursed troubles. M. Chesnel protects my son. And now I must ask him. . . . No, sister, you must undertake this business. Chesnel shall secure himself for the whole amount by a mortgage on our lands. And just give this harebrained boy a good scolding; he will end by ruining himself if he goes on ...
— The Jealousies of a Country Town • Honore de Balzac

... bought clover seed at ten roubles a pood, but we have no money left for oats. The estate has been bought for thirteen thousand. The legal formalities cost about seven hundred and fifty roubles, total fourteen thousand. The artist who sold it was paid four thousand down, and received a mortgage for five thousand at five per cent, for five years. The remaining four thousand the artist will receive from the Land Bank when in the spring I mortgage the estate to a bank. You see what a good arrangement. In two or three years I shall have five thousand, and shall pay off the mortgage, ...
— Letters of Anton Chekhov • Anton Chekhov

... admitted 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 ...
— The Gold Trail • Harold Bindloss

... good one, because sometimes the rain did not come when the crops needed it, and then everything withered and dried up. Once a cyclone had carried away Uncle Henry's house, so that he was obliged to build another; and as he was a poor man he had to mortgage his farm to get the money to pay for the new house. Then his health became bad and he was too feeble to work. The doctor ordered him to take a sea voyage and he went to Australia and took Dorothy with him. That cost a ...
— The Emerald City of Oz • L. Frank Baum

... her own sad case; for after the last quarter had come, with no word from Miss Starbrow, she had taken it for granted that Fan was to stay another year with her. And the money had been a great boon, enabling her to order her house better, and even to pay off a few old accounts, and interest on the mortgage which weighed so ...
— Fan • Henry Harford

... its exclusive use. Leases for any period are a limitation of the owner's control. Both the holder of the lease and the owner of the property have certain rights before the law. The lender of money secured by mortgage has a legally recognized and enforceable interest in the mortgaged wealth. Property is left in trust for the benefit of persons or of institutions or of the public, and is administered by trustees who are strictly bound ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... of the house—our home. A mortgage was foreclosed on it, and we had to give up possession. Of course there wasn't any mortgage, and never had been any mortgage. The ground had been bought outright, and the house had been paid for when it was built. And house and lot had always been free and unencumbered. Nevertheless ...
— The Iron Heel • Jack London

... adding to the money by working currency and tariffs. They grew—they grew. And for years the twelve trustees hid the growing of the Sleeper's estate under double names and company titles and all that. The Council spread by title deed, mortgage, share, every political party, every newspaper they bought. If you listen to the old stories you will see the Council growing and growing. Billions and billions of lions at last—the Sleeper's estate. And all growing out ...
— The Sleeper Awakes - A Revised Edition of When the Sleeper Wakes • H.G. Wells

... inferior partner prevented Rob Roy from repaying the Marquis the money due to him. He was required to give up his lands to satisfy the demands upon him. For a time he refused, but ultimately he was compelled by a law-suit to mortgage his estates to Montrose with an understanding that they were to be restored to him whenever he could pay the money. Some time afterwards he made an attempt to recover his estate by the payment of his debts; but he was at first amused by excuses, and afterwards deprived of his ...
— Memoirs of the Jacobites of 1715 and 1745 - Volume II. • Mrs. Thomson

... one of the pall bearers?" says he. "And hadn't I just drawn my back pension and paid off the mortgage on my place, eh? No use routin' out the Clerk to ask such a fool question; and anyways, he ain't to home, ...
— Shorty McCabe • Sewell Ford

... and paid the cash down for his house, without feeling the slightest vacancy in his pocket. John, who was an active, rising young man, just entering on a flourishing business, had expended all his moderate savings for years in the purchase of his dwelling, and still had a mortgage remaining, which he hoped to clear off by his future successes. Philip begins the work of furnishing as people do with whom money is abundant, and who have simply to go from shop to shop and order all that suits their fancy and is considered 'the thing' in good ...
— The Atlantic Monthly, Vol. 13, No. 78, April, 1864 • Various

... were to receive title to the lands as the construction progressed, as provided in the granting act. They also had conferred upon them powers to issue bonds, in the discretion of the directors, and to mortgage their roads and franchise ...
— The History of Minnesota and Tales of the Frontier • Charles E. Flandrau

... money, and father lent Fetters money, and they had transactions back and forth, and jointly. Father lost and gained and we had no inkling that he had suffered greatly, until, at his sudden death, Fetters foreclosed a mortgage he held upon Belleview. Mother has always believed there was something wrong about the transaction, and that father was not indebted to Fetters in any such sum as Fetters claimed. But we could find ...
— The Colonel's Dream • Charles W. Chesnutt

... 1845 Susan and Hannah taught almost continuously, receiving only $2 or $2.50 a week and board, but living with most rigid economy and giving the father all they could spare to help pay interest on the mortgage which rested on factory, mills and home. He gave his notes for every dollar and, years afterwards, when prosperity came, paid all of them with scrupulous exactness. It was in these early days of teaching that Miss Anthony saw with indignation the injustice practiced towards women. Repeatedly ...
— The Life and Work of Susan B. Anthony (Volume 1 of 2) • Ida Husted Harper

... A mortgage on the Ravensdale estate. But it must have been paid off, Mr. Coyle, [anxiously,] have you looked for the release ...
— Our American Cousin • Tom Taylor

... of you may as well go home," announced Tom laughingly. "My friends have a first mortgage on the jobs ...
— The High School Captain of the Team - Dick & Co. Leading the Athletic Vanguard • H. Irving Hancock

... hopeful of getting the right deeds for the land for which he had paid. He also told of many families who had recently moved into this community. These newcomers had made a good start for the year and had promising crops, but they were compelled to mortgage their growing crops in order to get "advances" ...
— Twenty-Five Years in the Black Belt • William James Edwards

... ran so much against the conceptions of the peasants that they were not obeyed, and wherever the peasants had retaken possession of part of their lands they kept them undivided. But then came the long years of wars, and the communal lands were simply confiscated by the State (in 1794) as a mortgage for State loans, put up for sale, and plundered as such; then returned again to the communes and confiscated again (in 1813); and only in 1816 what remained of them, i.e. about 15,000,000 acres of the least productive land, was restored ...
— Mutual Aid • P. Kropotkin

... projectors. Even with this precaution, too, the money which is borrowed, and which it is meant should not be repaid till after a period of several years, ought not to be borrowed of a bank, but ought to be borrowed upon bond or mortgage, of such private people as propose to live upon the interest of their money, without taking the trouble themselves to employ the capital, and who are, upon that account, willing to lend that capital to such people of good credit as ...
— An Inquiry into the Nature and Causes of the Wealth of Nations • Adam Smith

... in great glory; I have given a festino there that will almost mortgage it. Last Tuesday all France dined there: Monsieur and Madame du Chatelet,(1063) the Duc de Liancourt,(1064) three more French ladies, whose names you will find in the enclosed paper, eight other Frenchmen, the Spanish ...
— The Letters of Horace Walpole Volume 3 • Horace Walpole

... boy. Mortgage upon mortgage, interest and principal, built up and increasing year by year, till it has come to this. There, you do not understand these things. It ...
— Three Boys - or the Chiefs of the Clan Mackhai • George Manville Fenn

... at the hotel with a note-book, working the thing out. He had bought Loreng; his father-in-law had been reasonable, and had let him have the place, lands and woods and all, for the ridiculous price he had paid himself. There was a mortgage of thirty thousand crowns on the estate. Well, that might stand as it was, for the bulk of Peer's money was tied up in ...
— The Great Hunger • Johan Bojer

... his moccasins or on the fancy snowshoes he promptly purchased of Injin Charley. There was nothing new to report in regard to financial matters. The loan had been negotiated easily on the basis of a mortgage guaranteed by Carpenter's personal signature. Nothing had been ...
— The Blazed Trail • Stewart Edward White

... and its work. Over a million and a quarter of dollars have passed through these two channels. The successive boards of trustees have managed our financial affairs carefully and efficiently. The architecture of this noble edifice is not disfigured by any mortgage. I ...
— Recollections of a Long Life - An Autobiography • Theodore Ledyard Cuyler

... bringing change to the Mitchenor family. Moses had moved to Chester County soon after his marriage, and had a good farm of his own. At the end of ten years Abigail died; and the old man, who had not only lost his savings by an unlucky investment, but was obliged to mortgage his farm, finally determined to sell it and join his son. He was getting too old to manage it properly, impatient under the unaccustomed pressure of debt, and depressed by the loss of the wife to whom, without any outward show of tenderness, he was, in truth, tenderly ...
— Atlantic Monthly, Vol. 10, No. 57, July, 1862 - A Magazine Of Literature, Art, And Politics • Various



Words linked to "Mortgage" :   mortgagor, mortgage application, owe, mortgage deed, bond, security interest



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