Orange Savings Bank v. Todd

The plaintiff Orange Savings Bank is the holder of a first mortgage dated April 17, 1963 on premises owned by the Todds. On February 29, 1964 a second mortgage was executed by the Todds and is held by The Greater Mortgage Company. On June 1, 1964 Sears, Roebuck and Company filed a Financing Statement covering a “complete kitchen, stove and cabinets” installed by it in the mortgaged premises on order from the Todds who executed a Security Agreement in its favor. Sears asserts that its security interest in the kitchen, stove and cabinets attached before affixation though admittedly subsequent…