Cornett's Ex'r v. Rice

Opinion op the Court by

Judge Thomas

Affirming.

The question at issue on this appeal is, which of two mortgage liens given by J. E. Eice and wife on a house and lot in Harlan, Kentucky, is superior to the other? Both appellant and appellees finally conceded that each of their respective mortgage liens was inferior to a prior one given on the same property by the same parties to Home Owners Loan Corporation whose debt and lien was created on or prior to November 14, 1934, and which was payable in monthly installments with a precipitating clause that if any installment should be in default for…