Central Production Credit Ass'n v. Page

How courts have described this case

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

• stating the predecessor to section 29-3-310 “permits the parties to agree that the mortgage live on until the mortgagor requests its cancellation”
• estoppel requires a material prejudice to party asserting the defense resulting from an act of neglect of party against whom it is asserted
• “A holding that an open-end mortgage dies when there is currently no debt for it to secure, would severely limit its beneficial use and defeat the legislative intent.”

Source: CourtListener parenthetical corpus (CC0).