32 Iowa 379 | Iowa | 1871
I. The petition alleges that one Parsons, being the owner of certain lots in Leon, in 1855, executed a mortgage thereon to the school fund of Decatur county to secure the payment of $250, with annual interest at ten per centum per annum. In 186.3, this mortgage was foreclosed by an action against Parsons and his sureties on the note, and, in 1865, the property was sold on .the judgment to the State. Plaintiff became the purchaser of the title derived from the State. Parsons, after the execution of the mortgage, conveyed the property, and Wilson Wainscott is now the owner of the title claimed from Parsons. It does not appear either in the pleading or evidence at what date Parsons conveyed the property. An agreed statement of facts recites that the deed executed by Parsons, “ had been placed on record and properly indexed * * * after said Parsons had mortgaged the land, but before the foreclosure of the said mortgage.” Wainscott and his grantors were not made parties in the foreclosure action. The relief asked in the first count of the petition is, that the claim and title of Wainscott and his co-defendants be barred and cut off and the title quieted in plaintiff. In the second count plaintiff prays that she may be subrogated to all the rights, privileges and liens under the mortgage, judgment of foreclosure, and to all the rights of her
II. The answer of defendant is in the nature of a cross-bill and does not make a case entitling him to relief in the form he has presented it. He does not claim the right to redeem from the mortgage or foreclosure sale and offer so to do, but claims to recover for the value of the rents and profits of the land and asks to be put in possession of the property. His right, if he have any, is to redeem, and equity will not restore the property to him until he pays the mortgage debt. It is true that circumstances may exist entitling him to the rents and profits of the land which could be set off against the amount to be paid plaintiff upon the redemption. But defendant’s cross-bill presents no such case, or, at least, he does not, in his cross-bill, ask that the rents and profits be set off against the amount to be paid to plaintiff upon the redemption, but simply seeks to recover therein rents and profits and the possession of the land. He is entitled to no such relief.
Both the petition of plaintiff and the cross-bill of defendant will be dismissed, and the costs of this court will be taxed equally against each party. Plaintiff will pay the costs of the district court. A judgment to this effect will be entered herein. In view of all the facts of the case, and especially of the great uncertainty in the pleadings and record as they are presented to us, both the petition and cross-bill are dismissed without prejudice to the respective parties.
Reversed.