Russell v. Grimes
Russell v. Grimes
Opinion of the Court
Tin's case was before tin's court more than one year ago, and an opinion filed which is reported in 27 Neb , 812,
The facts are stated in the former opinion, and are, substantially, that the plaintiff had a mortgage for a large amount, which was not due, upon certain real estate; that one Buffam also had a second mortgage upon said real estate and a first mortgage upon other real estate, and that one Harmon had a second mortgage upon the real estate upon which Buffam had a first mortgage and upon other real estate. There were also junior liens. ' The amount found due Buffam on the mortgage was $860.76, and the amount due Harmon $419.20. There was a third lien in favor of one Spicknell for $750, and also one in favor of one Hassett for $440.40, all of said incumbrances drawing ten per cent interest. The property was appraised and sold subject to certain liens to Harmon for the sum of $1,100. After this purchase by Harmon, the plaintiff, as some of the testimony shows, desiring to aid the mortgagor in settling the incumbrances, purchased Buffam’s claim and took an assignment thereof to himself. The sale to Harmon was confirmed and a sheriff’s deed made to him. The plaintiff then purchased Harmon’s claim, paying him the amount of his decree with interest thereon, being $462.30, and obtained a quitclaim deed of his interest in the property.
The contention of the plaintiff is that, as Harmon had purchased the property for $1,100, out of which the Buffam decree was to be paid before any part of the Harmon debt was paid, and as he is the assignee of the Buffam decree, therefore, he is entitled to the money; and as the sheriff made a deed to the purchaser without exacting the purchase price, he is liable. This would be true if the testimony sustained the plaintiff’s contention, but it does not.
It is very evident from the testimony before us that all
The judgment of the district court is right and is
Affirmed.
Reference
- Full Case Name
- James D. Russell v. William Grimes
- Status
- Published