Lemon v. Dworsky

Gallagher, Chief Justice.

On May 1, 1937, Fannie Fleisher and Louis Fleisher, then the owners of an apartment building in the city of Minneapolis subject to a mortgage previously given to the Minnesota Federal Savings & Loan Association to secure the payment of $24,000 with interest, executed and delivered a second mortgage on this property to defendants as security for the payment with interest of two notes, one for $4,000 and the other for $633.41. The second mortgage provided, among other things, that defendants should enter into possession of the mortgaged premises, collect the rent…