Supreme Court of Iowa December 17, 1935, No. 42904. (First Trust Joint Stock Land Bank v. McNeff)

lead-opinion

Hamilton, J.

— -The note and mortgage involved in this foreclosure suit purport to have been executed by George W. McNeff and wife, Mary. The instruments were executed on June 17, 1926, and are in the principal sum of $15,000, bearing interest at the rate of 5% per cent per annum, both principal and interest payable on an amortization plan in seventy equal semiannual installments of