(Download) "United States America v. View Crest Garden" by United States Court of Appeals Ninth Circuit. ~ eBook PDF Kindle ePub Free

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eBook details

• Title: United States America v. View Crest Garden
• Author : United States Court of Appeals Ninth Circuit.
• Release Date : January 22, 1959
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 62 KB

Description

Appellee, View Crest Garden Apts., Inc., borrowed money from the National Bank of Commerce of Settle, hereafter Bank. A mortgage was executed by appellee as mortgagor to the Bank as Mortgagee. Mortgage insurance was agreed to by the Federal Housing Insurance Authority, hereafter FHA, pursuant to its duly constituted authority. The mortgage form used was a printed one formulated by the FHA and contained a provision to the effect that in the event of foreclosure a receiver was to be appointed in order to collect rents which were to be applied as additional payment on the debt. A number of notes, also on printed forms furnished by the FHA, were executed to secure each installment to be paid.

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