Meigs v. Tunnicliffe

Citations

• 214 Pa. 495
• 63 A. 1019
• 1906 Pa. LEXIS 687

Syllabus

<p>Mortgage — Release of portion of mortgaged, premises — Discharge of mortgagee.</p> <p>Where a mortgagee after a conveyance of the mortgaged premises by the mortgagor, releases from the lien of the mortgage a portion of the premises without the knowledge or consent of the mortgagor, the latter is released from any loss to the mortgagee resulting from a deficiency in the proceeds of a subsequent sale in foreclosure proceedings. In such a case it is immaterial that the deed of the mortgagor of which the mortgagee had no knowledge, was not made subject to the mortgage, and contained a covenant against incumbrances.</p>