First National Bank in St. Petersburg v. Cooper

This appeal presents a question which has not been ruled upon in this jurisdiction. Viz: When a prospective bridegroom, is the sole obligor on a note secured by a mortgage on real estate; he subsequently takes a wife and transfers title to the property into himself and his wife creating an estate by the entireties whereby the wife does not assume the indebtedness; he passes away prior to satisfying the note; is his estate, upon payment of the note, entitled to be subrogated to the lien of the mortgage securing such note or entitled to a lien upon the mortgaged property to secure indemnity for…