97 Wis. 84 | Wis. | 1897
It was vigorously contended by the appellant that the bill of sale of the lumber to the bank was not
As between the parties, this mortgage was perfectly good for the whole debt intended to be secured by it. A consideration in addition to that expressed in the mortgage may be shown by parol. Kickland v. Menasha Wooden Ware Co. 68 Wis. 34. No person could take advantage of the failure .to state the full consideration except some third person, such •as a creditor or purchaser who has secured some lien upon ■or interest in the mortgaged property before foreclosure of the mortgage. Clearly if the mortgage has been foreclosed and the property fully relieved from the lien, before any third person attempts to attack it, the question of the validity of the mortgage is no longer open.
In the present case the mortgage had been foreclosed by the parties before the plaintiff made any move towards at
By the Court.— Judgment reversed, and action remanded with directions to render judgment for tbe appellant in accordance with this opinion.