Union Trust Co. of Spokane v. Wiseman

WOLVERTON, District Judge.

This is an action on a promissory note for $16,000, of date February 25, 1920. The note was given, together with a cash payment of a like amount, as the purchase price of certain real property. At the time of the execution of the note a mortgage was given back on the real estate purchased to secure payment of the note. On May 4, 1925, the plaintiff entered suit against Wiseman in the circuit court of the state of Oregon for Gilliam county, to foreclose the mortgage and to sell the real property-covered by it and apply the proceeds to the payment of the note,…