American Mutual Building & Loan Co. v. Kesler

September 4, 1928, Nettie W. Kesler and F. Clark Kesler, her husband, then residents of Utah, executed and delivered to the Mutual Savings and Loan Association their promissory note for $1500 and secured the same by a mortgage on Utah real estate belonging to Mrs. Kesler. Thereafter, and on April 14, 1937, the Mutual Savings and Loan Association sold and assigned the note and mortgage to appellant, a Utah corporation. The Keslers paid their regular monthly instalments until June 1, 1932, which was the last payment they made, at that time leaving a balance of 81 unmatured instalments. The…