77 Neb. 298 | Neb. | 1906
This is an appeal from a decree of foreclosure whereby the lien of plaintiff’s mortgage is given priority over the respective judgment liens of the two banks, defendants herein. The mortgage is in the form of an absolute conveyance to the plaintiff by the defendant, William I.
Appellants’ contention seems to be based on tbe fact that the plaintiff never saw tbe mortgage nor bad actual manual possession of it until after this suit bad been pending for some time, and long after tbe levy of the attachments. But tbe authorities are uniform that actual manual delivery is not essential to give effect to a deed. In Issitt v. Dewey, 47 Neb. 196, it was held that, where tbe grantor places bis deed on record for tbe purpose and with tbe intent of passing title to tbe grantee, actual manual delivery and formal acceptance are not essential to tbe validity of tbe conveyance.. In tbe case at bar tbe evidence is conclusive that at tbe date of tbe mortgage deed tbe mortgagor, William I. Fryer, was indebted to tbe
The appellants further contend that, even if it be found that the mortgage deed had become effective previous to to the levy of their attachments, still they should have priority with respect to one of the lots included therein because of an alleged agreement between the plaintiff and William I. Fryer, whereby the former agreed, in consideration of the payment of a substantial portion of
The decree of the district court seems amply sustained by the evidence, and we recommend its affirmance.
By the Court: For the reasons stated in the foregoing opinion, the decree of the district court is
Affirmed.