Schifferstein v. Allison

Citations

• 123 Ill. 662
• 15 N.E. 275

Syllabus

<p>1. Limitation—when the statute begins to rum,—on foreclosure of mortgage. The ten years’ limitation, in section 11, chapter 83, for the bringing of an action to foreclose a mortgage, begins to run from the time the right of action accrues; but if any payment shall be made upon the mortgage indebtedness, the statute will begin to run from the time of the last payment.</p> <p>2. Same—the debt and the mortgage, subject to the same limitation. Section 11 and section 16 of the Limitation law are to be construed together. The effect of the former section, when so construed, is the same as the law implied before its passage,—that is, that the period of limitation which bars the bebt, bars also the mortgage or deed of trust securing the same.</p>