Excellent Bldg. and Loan Assn. v. Gersten

The defendant Mandel held a second mortgage on the lands here involved which are located in Union county. His mortgage was recorded in Essex, but not in Union county. Consequently, when Haiken, the first mortgagee, foreclosed his mortgage Mandel was not made a party to the suit. Parrow Holding Company purchased the property at the sheriff's sale in that proceeding without notice of the Mandel mortgage and later sold to the defendant Rose Gersten, who gave to the complainant the two mortgages now being foreclosed. She, also, with her husband, Harry Gersten, executed two second mortgages on the…