Farmers Trust & Savings Bank v. Manning

How courts have described this case

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

• holding that future advance clause which referenced “any and all future and additional advances made to the Mortgagors” to be unenforceable as to co-mortgagor aloné
• “A notice to cure is a condition precedent to bringing suit. Failure to comply is cause for dismissal of the action.”
• Iowa court noted future advances dragnet clauses are not favored and are strictly construed, concluded mortgage executed by husband and wife did not secure note signed only by husband.

Source: CourtListener parenthetical corpus (CC0).