Holt v. Rees

Citations

• 44 Ill. 30

Syllabus

<p>1. Mortgage—rights of mortgagor and lessees of mortgagee—after payment of mortgage. The payment of a mortgage debt by mortgagor terminates the right of possession by lessee under the mortgagee.</p> <p>3. Ejectment — declaration. A mortgagor cannot maintain ejectment where the title, entry and ouster in the declaration are laid before the date of extinguishment of the mortgage debt. In such case the right of possession only accrues after extinguishment of debt.</p>