Serial Building Loan & Savings Institution v. Ehrhardt

Bentley, Y. C.

This is a suit to foreclose a mortgage.

On June 28th, 1922, the defendant John H. Ehrhardt was the owner of certain premises in Bergen county, and borrowed thereon from the complainant $3,000 and gave his bond, secured by a mortgage upon the premises mentioned. The mortgage purported to have been also executed, by his wife. This is the mortgage sought to be foreclosed.

Previously, and on April 26th, 1915, the defendants Ehrhardt and his wife had executed a mortgage to secure the payment of $2,400 to the complainant, the same mortgagee. At the time the complainant made the second…