Beal v. Alschuler

May 29,1926, plaintiff and wife loaned to W. H. Remez and wife $3,500 upon a promissory note secured by a real estate mortgage upon the property in question, said note being due and payable in five years with interest at the rate of seven per cent, payable semi-annually and recorded June 1, 1926.

June 12, 1926, Remez and wife sold the above property to Frances L. Warner subject to plaintiff’s mortgage and on said date Warner gave to Remez a note in the sum of $500 secured by a mortgage on the above property. This mortgage was recorded June 16, 1926, and on the 15th day of January, 1934, Remez…