Adler v. First Nat. Bank of Birmingham

KNIGHT, Justice.

Bill by appellee, the First National Bank of Birmingham, as trustee for Mary W. Persons, against appellants to foreclose mortgage.

It appears from the bill that the appellants on May 13, 1929, executed and delivered to the First National Bank of Birmingham a mortgage on certain described property in the city of Birmingham, Ala., to secure the payment of their indebtedness to said bank in the principal sum of $10,000, which was evidenced by one principal note in said amount, due three years after date. The said principal sum bore interest from date at 7 per cent, per annum,…