Anna National Bank v. Prater

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that “a clause in a real estate mortgage pledging rents and profits creates an equitable lien upon such rents and profits on the land, which may be enforced by the mortgagee upon default by taking possession of the mortgaged property”
• a “rents and profits” clause in a mortgage does not create a security interest in personal property for purposes of the UCC

Source: CourtListener parenthetical corpus (CC0).