George E. Sebring Co. v. Skinner

— This suit is one to enforce a mortgage lien. The defense sought to be interposed is that the holder of the notes evidencing the debt and the mortgage which was given to secure it is not a holder in due course for a valuable consideration and therefore the notes are held subject to the equities existing between the maker and original payee. That proposition may ' be considered as settled. See Sumter County Bank v. Hays, 68 Fla. 473, 67 So. R. 109; Prescott v. Johnson, 8 Fla. 391; Sec. 4731, Rev. Gen. Stats., 1920 (Sec. 6817, Comp. Gen. Laws, 1927) ; Livingston v. Roberts, 18 Fla. 70; 3 R. C.…