New York Life Insurance v. Oates

This suit was brought by the assignee of the mortgagee to foreclose a mortgage by husband and wife upon an estate by the entireties on which their homestead was located. There was a final decree for defendants and complainant appealed. On a prior appeal a final decree for complainant was reversed for further proceedings. Oates v. New York Life Ins. Co., 113 Fla. 678,152 So.2d 671.

The mortgage and the loan note payable by installments during five years, were dated June 1, 1926, and were assigned to the complainant, June 22, 1926, the original mortgagee being Telfair Stockton Company, a…