First Trust Joint Stock Land Bank v. Ingels

On March 29, 1923, F. R. Winegar, who was the owner of the southeast quarter and the east half of the southwest quarter of section 36, township 93 North, range 9, west of the fifth P. M., Fayette county, Iowa, executed and delivered to the ap: pellant for a valuable consideration his promissory note in the sum of $17,000, bearing interest at 5% per cent, payable semi-annually, and, to secure said note, he made, executed, and delivered to the appellant a mortgage upon the real estate above described. The mortgage was duly filed for record on May 4, 1923.

On the 8th day of September, 1928, F. R.…