Satterfield v. Peterson

This is an appeal in an action to quiet title to a tract of land in Loup County, Nebraska. In 1924, W. C. Heeter, who owned the land at that time, mortgaged the land to John H. Holcombe. Holcombe assigned his mortgage to the Merchants Mutual Burglary Insurance Company. Heeter later conveyed the land to William Heider subject to the mortgage.

In 1929 the Merchants Mutual Burglary Insurance Company foreclosed the mortgage. Heider was the *619record title owner of the land but was not made a party to the foreclosure action. At the sheriff’s sale the land was purchased by the Merchants Mutual Burglary…