Peoples Savings Bank v. Corrado

The only question on this appeal is whether a mortgage deed to the plaintiff contained a sufficient statement of the essential terms of the mortgage so as to constitute the mortgage a lien — on the real estate described in the mortgage deed— prior in right to a judgment lien which the defendant Victor Gagliardi had placed on the property. Gagliardi will hereinafter be referred to as the defendant.

A copy of the note, executed by the defendant Corrado on April 30,1959, was attached to and made a part of the mortgage deed given to secure payment of the note. It was recited in the note that the…