Ewing v. Small Business Administration

HEEBE, Chief Judge:

This suit is brought pursuant to 28 U.S.C.A. § 2201. A declaratory judgment is sought on the question of the validity of an “after-acquired property” clause contained in a mortgage entered into in Louisiana between an individual and an agency of the United States. Relative to this question, the parties have stipulated to the following ‘facts:

1. “The Small Business Administration (SBA) made a loan to Joseph D. Ewing and his wife in the sum of Twenty-Five Thousand Three Hundred and No/100 ($25,300.00) Dollars.

2. “In order to secure said loan, Joseph D. Ewing and his wife…