(Download) "Rousselle v. Jewett" by Arizona Supreme Court # Book PDF Kindle ePub Free
eBook details
- Title: Rousselle v. Jewett
- Author : Arizona Supreme Court
- Release Date : January 14, 1966
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 52 KB
Description
In 1954, E. A. Moore, Jr., and Lavena S. Moore, husband and wife, hereinafter designated as the Moores, delivered a note secured by a first mortgage on the property in question to Farmers New World Life Insurance Company, hereinafter designated Farmers. In 1957, Robert Rousselle and Rachel L. Rousselle, husband and wife, hereinafter designated as the Rousselles, purchased the property, giving the Moores a promissory note and a second mortgage. The Moores assigned this note and mortgage to Omega Construction Company, hereinafter designated Omega, in 1958. The Rousselles then sold the property to Myra L. McDonell, who agreed to be liable as assignee on the note and the second mortgage that the Rousselles had originally given to the Moores. Myra L. McDonell also gave her own promissory note and a third mortgage to the Rousselles. On July 22, 1959, Omega brought suit (Cause No. 109016, Superior Court of Maricopa County, State of Arizona) on the second mortgage and attached promissory note due to an alleged default of the July 1, 1959 payment due under this note.