AUGUSTUS N. HAND, Circuit Judge.
One Max Brandenburg was the owner of a bond and mortgage made to him by Kady Schaffer. The mortgage was to secure payment of the sum of $32,000, was a first lien on premises in Westchester county, N. Y., and contained a covenant that the mortgagor should "keep the buildings on the premises insured against loss by fire for the benefit of the mortgagee." About three years after the making of the bond and mortgage Brandenburg assigned...
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