Federal Land Bank v. Girtch

The opinion of the court was delivered by

Wedell, J.:

This was a real-estate mortgage foreclosure action. Neither the plaintiff, holder of the first mortgage, nor the mortgagors, are involved in this appeal. The controversy is between a defendant, a subsequent owner of the land, and the holder of the second mortgage. The latter, on its cross petition, obtained a personal money judgment against the defendant, Geo. D. Rathbun, upon a written extension agreement. Only that defendant appeals.

A brief narrative of events may be helpful. The foreclosure action was instituted by the Federal Land Bank…