Frenzer v. Phillips
Decision Date | 22 December 1898 |
Docket Number | 8538 |
Citation | 77 N.W. 668,57 Neb. 229 |
Parties | PETER FRENZER, APPELLEE, v. JAMES PHILLIPS, APPELLANT |
Court | Nebraska Supreme Court |
APPEAL from the district court of Douglas county. Heard below before AMBROSE, J. Affirmed.
AFFIRMED.
Francis A. Brogan, for appellant.
Will H. Thompson, contra.
This action for the foreclosure of a real estate mortgage was begun in the district court of Douglas county, May 4, 1895. The note secured by the mortgage was by its terms due December 1, 1896. The option, and the exercise of the option to foreclose, were asserted by averments of the petition that these rights were given plaintiff by the instruments sued on, and were available by reason of defendant's defaults in paying interest and taxes. There were two defenses, of which one was that the mortgage, not being due by its terms, was not subject to foreclosure, because the mortgagee had neither possessed nor exercised an option in that respect. On the trial there was uncontradicted evidence which sustained each of the above noted averments of plaintiff's petition; hence the defenses pleaded are unavailing to the defendant by whom this appeal is prosecuted.
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