Thomson v. Goldstein

Appellant purchased certain property at foreclosure sale, subject to appellees’ first mortgage which was later foreclosed in this proceeding. The earlier fore-’ closure arose out of a second mortgage given by the first mortgagors to appellant, as mortgagee.

After the title to the property had passed to appellant under foreclosure of the second mortgage, appellant, as owner of the land subject to appellees’ first mortgage, entered into an extension agreement made under seal with reference to the first mortgage. The substance of this extension agreement was that Goldstein, as first mortgagee,…