Steinour v. Oakley State Bank

Appellants owed one Edwards $1,500, payment of which was secured by a mortgage on the land involved in this action. On a failure to pay the debt the land was sold under mortgage foreclosure to one Hazel, who assigned the sheriff’s certificate of sale to respondent. The period of redemption from the foreclosure sale expired on December 13, 1912. On December 14th, appellants offered to redeem from the foreclosure. Respondent refused the tender because it did not also include a debt secured by a subsequent mortgage on the same land. Two or three days thereafter such additional sum was tendered…