But if you’d like to call it in, don’t do it in a hurry now, and breed more enmity in the family, but wait till there’s a pretty mortgage to be had without any trouble.
They gave a pleasant flavor to his glass on a market-day, and if it had not been for the recurrence of half-yearly payments, Mr. Tulliver would really have forgotten that there was a mortgage of two thousand pounds on his very desirable freehold.
"They say Mr. Wakem has got a mortgage or something on the land, Tom," said Maggie.
Our friend Mr. Tulliver had a good-natured fibre in him, and did not like to give harsh refusals even to his sister, who had not only come in to the world in that superfluous way characteristic of sisters, creating a necessity for mortgages, but had quite thrown herself away in marriage, and had crowned her mistakes by having an eighth baby.
Still, Mr. Deane would say nothing decided about the matter; the fact that Wakem held the mortgage on the land might put it into his head to bid for the whole estate, and further, to outbid the cautious firm of Guest &Co.
That was not altogether his own fault, since one of the thousand pounds was his sister’s fortune, which he had to pay on her marriage; and a man who has neighbors that will go to law with him is not likely to pay off his mortgages, especially if he enjoys the good opinion of acquaintances who want to borrow a hundred pounds on security too lofty to be represented by parchment.
It was only a short letter; the substance was, that Mr. Gore had ascertained, on secret, but sure authority, that Furley had been lately much straitened for money, and had parted with his securities,—among the rest, the mortgage on Mr. Tulliver’s property, which he had transferred to——Wakem.
Mr. Glegg went the length of admitting that Tulliver was a sad man for getting into hot water, and was like enough to run through his property; and Mrs. Glegg, meeting this acknowledgment half-way, declared that it was beneath her to take notice of such a man’s conduct, and that, for her sister’s sake, she would let him keep the five hundred a while longer, for when she put it out on a mortgage she should only get four per cent.
…directly to convince Mr. Tulliver that it would not be at all awkward for him to raise five hundred pounds; and when Mrs. Tulliver became rather pressing to know how he would raise it without mortgaging the mill and the house which he had said he never wouldmortgage, since nowadays people were none so ready to lend money without security, Mr. Tulliver, getting warm, declared that Mrs. Glegg might do as she liked about calling in her money, he should pay it in whether or not.
As for uncle Glegg, the thing lay quite beyond his imagination; the good-natured man felt sincere pity for the Tulliver family, but his money was all locked up in excellent mortgages, and he could run no risk; that would be unfair to his own relatives; but he had made up his mind that Tulliver should have some new flannel waistcoats which he had himself renounced in favor of a more elastic commodity, and that he would buy Mrs. Tulliver a pound of tea now and then; it would be a journey…
There was Furley, who held the mortgage on the land,—a reasonable fellow, who would see his own interest, Mr. Tulliver was convinced, and who would be glad not only to purchase the whole estate, including the mill and homestead, but would accept Mr. Tulliver as tenant, and be willing to advance money to be repaid with high interest out of the profits of the business, which would be made over to him, Mr. Tulliver only taking enough barely to maintain himself and his family.
There are no more uses of "mortgage" in the book.
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We are the proud owners of a new home and a $100,000 mortgage.
But that includes the last payment on the mortgage.