Iowa Loan & Trust Co. v. Haller

The mortgage in question, which was executed by the Hallers on premises then owned by them, was extended by agreement of the parties thereto in 1894 for three years. In 1895 the Hallers conveyed the premises to others, who assumed and agreed to > pay the mortgage, and such other parties in 1897 secured a further renewal, the Hallers not having joined in the application therefor. The owners of the premises succeeding to the Hallers ultimately conveyed to the Shockleys, and, at the time the last extension above referred to expired, there were further negotiations for extension between the…