Glenn v. Bresnan

Citations

• 123 La. 1014
• 49 So. 690
• 1909 La. LEXIS 815

Syllabus

<p>Mortgages (§ 151*) — Priorities—Foreclosure — Waiver oe Homestead.</p> <p>Where the husband executed a mortgage on his plantation, subject under the law to his homestead rights on a portion thereof, and subsequently mortgaged the same plantation by act containing a waiver by both husband and wife of their homestead rights in favor of any holder of the mortgage note, held, that the second mortgage primes the first mortgage on the proceeds of a sheriff’s sale of the homestead up to the amount of $2,000 reserved to the debtor in ease of judicial sale.</p> <p>[Ed. Note. — For other eases, see Mortgages, Dec. Dig. § 151.*]</p> <p>(Syllabus by the Court.)</p>