Mortgage debt itemization and interest charges

BGE 8 I 1Federal Supreme Court Official Reports (BGE) / Band IFeb 11, 1882Other

Extracted by Omnilex

Omnilex summary

The excerpt lists the components of a mortgage debt under a 6 July 1863 obligation: principal reduced to 6,400 francs, interest at 5% starting 6 July 1875, and a delay penalty of 8 francs per month starting 6 July 1876. No court, parties, or dispositive judgment are identifiable from the excerpt alone.

Omnilex headnote

Mortgage claim itemization; where a secured debt is stated in components, the court or text distinguishes principal, contractual interest, and delay penalty separately, each running from the dates specified in the obligation. Absent a judicial context, the excerpt does not permit identification of a dispositive ruling or procedural allocation.

Full text

1

a) Sous le N 1, en vertu d'une obligation hypothécaire du 6 Juillet 1863, du capital primitif de 10 000 fr. réduit à 6400 fr., 1 pour le capital ; 2 pour l'intérêt à 5% l'andès le 6 Juillet 1875; 3 pour la pénalité de retard, à raison de 8 fr. par mois, dès le 6 Juillet 1876 ;

Keywords

mortgage debtprincipalinterestdelay penaltysecured claim

Extracted by Omnilex

Key legal question

What amounts are due under the mortgage obligation?

Extracted holding

The claim is itemized as 6,400 fr. principal, 5% interest from 1875-07-06, and a delay penalty of 8 fr. per month from 1876-07-06.

Extracted reasoning

The text sets out the components of the secured debt and the dates from which interest and delay penalties run.

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