Hale v. Rider
Hale v. Rider
59 Allen 231
Hale v. Rider
Opinion of the Court
The mortgage is wholly distinct from, and collateral to, the note, affording the creditor a separate and distinct remedy. If the mortgagee, after payment of the debt, refuses or neglects to discharge the mortgage, the mortgagor has a remedy by action. Rev. Sts. c. 59, § 34. But further, the defence presupposes, that the law will compel a creditor to release his collateral security as a condition precedent to obtaining judgment; when obtaining judgment is only one step, and that often a very remote one, towards obtaining satisfaction. To state such a proposition is sufficient to refute it.
Judgment of the court of common pleas for the plaintiff affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.