Court Opinion

ID: 9885846
Source: CourtListenerOpinion
Date Created: 2023-10-06 15:13:52.154565+00
Date Added: 2024-06-11T07:49:17.622529
License: Public Domain

On Motion for Rehearing.
 Appellant in its motion for a rehearing insists that a trustee’s sale under the power of sale in a deed of trust violates the state Constitution, art. 5, § S, which provides: “The District Court shall have original jurisdiction ⅝ ⅜ ⅜ of all suits for trial of title to land and for the enforcement of liens thereon. * * ⅜”
And also article 1, § 19, which provides: “No citizen of this State shall be deprived of life, liberty, property, privileges or immunities, or in any manner disfranchised, except by the due course of the law.”
We overrule this contention, where a party executes a deed of trust upon real estate to secure a certain promissory note, and expressly provides that, if it is not paid at maturity, the trustee may sell the real estate and apply the proceeds to the payment of the note. This agreement and stipulation constitute a contract remedy which the creditor may properly enforce without violating either one of the above constitutional provisions.
Appellant’s motion for rehearing is overruled.