Court Opinion

ID: 3380576
Source: CourtListenerOpinion
Date Created: 2016-07-05 18:27:46.917337+00
Date Added: 2024-06-11T12:12:22.289741
License: Public Domain

This case is before us for consideration after argument and submission of briefs on motion for rehearing granted after opinion and judgment was filed herein on August 1, 1933.
After further careful consideration, we have been unable to find any facts or conditions in this case by which it may be differentiated from the case of Murray v. Newsom, as Liquidator, opinion filed June 27, 1933, reported 149 So. 387.
Appellee contends that because at the time the mortgagors, Harrod and wife, executed the mortgage to Iba there was outstanding a mortgage in favor of Waldock which Harrod had agreed and assumed to pay, which assumption constituted a part of the purchase price which Harrod and wife agreed to pay for the property and they did not pay, but allowed that mortgage to be foreclosed and afterwards *Page 788 
repurchased the property from the mortgagee, Waldock, who was purchaser at the foreclosure sale, the title under such repurchase from Waldock inured to the benefit of Iba and was subject to his mortgage. This contention is made, although the land was reconveyed by Waldock to Harrod and wife burdened with the purchase money mortgage which was later satisfied by reconveyance of the land by Harrod and wife to Waldock.
Appellee further contends that his position is fortified by reason of the fact that his mortgage contained the following warranty clause:
"And the said mortgagors do hereby fully warrant the title to the said land and will defend the same against the lawful claims of all persons whomsoever."
That this warranty required the mortgagors to protect and defend the title to the premises as conveyed in the mortgage to Iba against the lawful claims of all persons whomsoever and that included the claim of Waldock upon his mortgage, which at the time was an outstanding encumbrance or interest in the land. We think this is not tenable.
A mortgage does not create an interest in land. It is a chose in action which creates a lien on land. But, if it were such an incumbrance as to breach the warranty clause, then the mortgagee's action is against the mortgagor at law on his warranty clause.
For the reasons stated, and upon the authority of the opinion in the case of Murray v. Newsom, as Liquidator, supra, the original judgment entered herein should be adhered to and it is so ordered.
DAVIS, C. J., and WHITFIELD, ELLIS and TERRELL, J. J., concur.
BROWN, J., dissents. *Page 789