Fawcett Investment Co. v. Rullestad

-The mortgage, which was duly foreclosed by decree of the district court entered on January 18, 1932, .was executed by the mortgagor on April 5, 1930, to secure the payment of two notes, one for $850 and one for $250; both executed by Albert Chelswick to the appellant. The mortgagor died intestate on October 13, 1930. At the time of his death he was insolvent. The petition in this action to foreclose the mortgage was filed October 12, 1931. The mortgage contained the following clause: “ * * * Also the grantors herein sell and convey all future rents, profits and crops accruing, grown or…