294 P. 661 | Kan. | 1931
The opinion of the court was delivered by
This is an action by the holder of a real-estate mortgage on an assumption clause in a deed. The trial court made findings of fact and rendered judgment for plaintiff. Defendant has appealed.
The evidence was not transcribed. The findings of fact are not controverted and may be summarized as follows: On April 10,1916, Frank M. Adell and wife, then being the owners of the real property in controversy, for a valuable consideration executed their note, due in five years, to the Fidelity Trust Company for $1,000, and secured the same by a mortgage in the form of a trust deed on real property situated in Laclede county, Missouri. On January 22, 1919, plaintiff purchased the note, which, together with the trust deed, was duly transferred to her. About September 6, 1920,
Appellant contends, first, that he is not liable on the assumption clause of the deed executed by Frank M. Adell and wife for the reason that he had no transaction with them, his transaction being with George C. Pennington. This contention cannot be sustained for the reason that when appellant dealt with Pennington it was a part of that deal that he take title to the Missouri property under the deed which had been executed by Frank M. Adell and wife,
Appellant next contends that the action of plaintiff as to him is barred by the statute of limitations, and reasons that plaintiff’s action against him is based on the assumption clause of the deed, not on the mortgage or trust deed itself; that this assumption clause was contained in a deed executed by the Adells, September 6, 1920, and delivered to appellant later in the same month. This action was filed September 24, 1928,' hence he contends that the five-year statute of limitations had run. This contention cannot be sustained. By the clause in question in the deed appellant assumed and agreed to pay the trust deed or mortgage. It is conceded that has not been paid. Appellant did pay interest as late as September 29, 1921, on that mortgage. That last interest payment was six years, eleven months and twenty-three days before this action was filed. But appellant had been a nonresident of the state of Kansas two years and four months of that time, and there is no showing that he was in the state any of the time while he was a nonresident. Excluding the time the appellant was a nonresident of this state, the time which elapsed from the last interest payment until the bringing of this action was four years, seven months and twenty-three days, which is less than the five years provided by the statute of limitations, which appellant contends governs the matter.
We find no error in the record, and the judgment of the court below is affirmed.