First National Bank v. Schunk

Gallagher, Chief Justice.

Appeal by defendant Margaret G. Schunk from a judgment.

During the period here determinative and subject to the involved mortgage, one Cheney was the owner of real estate to which we may refer as tracts 1, 2, and 3. Tract 1 was the Cheney homestead. In September, 1933, he mortgaged all three tracts to plaintiff to secure a note for f1,000. That mortgage, with the secured indebtedness, was later assigned to Jesse A. Schunk, father of defendant Margaret G. Schunk. In June, 1935, the mortgage was assigned by the father to the daughter, who, through him as attorney,…