Mobley v. Brundidge Banking Co., Inc.

How courts have described this case

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

• holding that advances do not get priority if there is “credible evidence from disinterested witnesses to the effect that an officer of defendant bank had actual knowledge of the existence of a junior mortgage”
• holding that advances do not get priority if there is “credible evidence from disinterested witnesses to the effect that an officer of defendant bank had actual knowledge of the existence of a junior mortgage”
• indicating that a junior mortgagee may be entitled to funds recovered by the foreclosure of a senior mortgage if the sale price was in excess of the debt secured by the senior mortgage

Source: CourtListener parenthetical corpus (CC0).