Healy v. Fidelity Savings Bank

It is undisputed that $1,500 and interest are owing to plaintiffs by the defendants, Clara Feichtner and the estate of Theresa Feichtner, as fhe balance owing on their note for $3,000, secured by a mortgage on real estate given by them to plaintiffs. Plaintiffs claim that when the amount owing on the note had been reduced to $1,500, the makers thereof obtained an additional loan of $500 under an oral agreement between the parties that the mortgage was to- stand as security for also the additional loan. Appellants’ principal contention is that the mortgage originally given to secure the $3,000…