A Treatise on the Law and Practice of Mortgage Foreclosure on Real Property: And of Remedies Collateral Thereto, with Forms, Together with Essentials of the Law of Mortgages Including Redemption, Volume 1 |
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Common terms and phrases
action action to foreclose actual advances adverse possession agreement amount applied assignment authority Bank Barb bond claim Clark condition Conn consideration contract court creditor debt decree deed default defense demand discharge effect enforce entire entitled equity executed extension fact failure fore foreclose foreclose a mortgage foreclosure fraud gage give grantee held holder holding husband indebtedness installment intention interest Iowa Johns judgment land liable lien limitations Loan Mass maturity ment Miss mort mortgage mortgage debt mortgagor N. J. Eq N. Y. Suppl Nebr notice owner paid Paige Ch parties payment person plaintiff possession premises principal prior proceedings proceeds providing purchaser release rule secured Smith statute subsequent sufficient suit takes tender thereof tion trust trust deed unless usury valid whole wife
Popular passages
Page 451 - Any person may be made a defendant who has, or claims an interest in the controversy, adverse to the plaintiff, or who is a necessary party defendant, for the complete determination or settlement of a question involved therein ; except as otherwise expressly prescribed in this act.
Page 533 - A conveyance upon a sale, made pursuant to a final judgment, in an action to foreclose a mortgage upon real property, vests in the purchaser the same estate, only, that would have vested in the mortgagee, if the equity of redemption had been foreclosed. Such a conveyance is as valid, as if it was executed by the mortgagor and mortgagee, and is an entire bar against each of them...
Page 363 - The question is upon the intention, actual or presumed, of the person in whom the interests are united.
Page 740 - A mortgage of real property shall not be deemed a conveyance, whatever its terms, so as to enable the owner of the mortgage to recover possession of the real property without a foreclosure and sale.
Page 277 - ... or possession of a particular estate is affirmed in the deed, either in express terms or by necessary implication, the grantor and all persons in privity with him shall be estopped from ever afterwards denying that he was so seized and possessed at the time he made the conveyance. The estoppel works upon the estate, and binds an after-acquired title as between parties and privies.
Page 589 - A person whose conveyance or incumbrance is subsequently executed or subsequently recorded is bound by all proceedings taken in the action after the filing of the notice, to the same extent as if he was a party to the action.
Page 876 - If such real property is situated partly in one county and partly in another and is so circumstanced that a sale of the whole will be most beneficial to the parties, the court rendering judgment may direct in which county the whole of such real property shall be sold. The conveyance is effectual, to pass the right, title, or interest of a party adjudged to be sold...
Page 97 - Should default be made in payment of any installment of principal or interest when due the whole sum of principal and interest shall become immediately due at the option of the holder of this note.
Page 3 - It is stated as a general rule, and it is unquestionably correct, that a note secured by a mortgage, or a deed of trust in the nature of a mortgage, is the principal thing, and the security but an incident.
Page 851 - A commissioner, or other officer making a sale, as prescribed in this title, or a guardian of an infant party to the action, shall not, nor shall any person, for his benefit, directly or indirectly, purchase, or be interested in the purchase of, any of the property sold...