Legal Opinion
Mischel v. Austin
North Dakota Supreme Court
Decided October 1, 1985No. Civ. 10959PublishedCited by 14 opinions
1Opinion of the Court
VANDE WALLE, Justice.
The sole issue on appeal in this action is whether under Chapter 32-19.1, N.D.C.C., a second mortgagee can sue directly on the note. The trial court ruled that the second mortgagee could sue directly on the note and ordered judgment entered against the mortgagors for the unpaid balance, interest, and costs. We reverse.
On March 2, 1979, Donald Austin, Larry Rafferty, and Maida Rafferty (mortgagors) gave a first mortgage to Metropolitan Federal Savings and Loan (Metropolitan Federal). On the same date, the mortgagors gave a second mortgage to Ronald and Helen Mischel. The…
2Cases cited5 opinions
- Bank of Kirkwood Plaza v. MuellerNorth Dakota Supreme Court · 1980
- Fetzer v. Minot Park DistrictNorth Dakota Supreme Court · 1965
- H & F HOGS v. HuweNorth Dakota Supreme Court · 1985
- First Federal Sav. and Loan Ass'n v. ScherleNorth Dakota Supreme Court · 1984
- Lincoln National Life Insurance v. KellyNorth Dakota Supreme Court · 1945
3Cited by14 opinions
- First Interstate Bank of Fargo, N.A. v. LarsonNorth Dakota Supreme Court · 1991
- Production Credit Ass'n of Fargo v. FossNorth Dakota Supreme Court · 1986
- Volk v. Wisconsin Mortgage Assurance Co.North Dakota Supreme Court · 1991
- Gust v. Peoples and Enderlin State BankNorth Dakota Supreme Court · 1989
- First National Bank & Trust of Williston v. AshtonNorth Dakota Supreme Court · 1989
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