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fail to pay

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A mortgage is a secured loan, implying you have to put up your house as collateral lest you fail to pay back the mortgage loan.
JUNE 1 - Setanta fail to pay the pounds 3m final installment of the SPL 2008-09 TV deal.
Ian Powell, assistant director for planning and public protection said: "The minority who continue to disregard their social responsibility to other residents by failing to clean up after their dog need to be aware that they run the risk of being issued with a fixed penalty notice and being taken to court if they fail to pay it.
 
 
 
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