(Download) "United States v. American National Bank of Jacksonville and Title & Trust Co." by United States Court Of Appeals Fifth Circuit. " eBook PDF Kindle ePub Free
eBook details
- Title: United States v. American National Bank of Jacksonville and Title & Trust Co.
- Author : United States Court Of Appeals Fifth Circuit.
- Release Date : January 26, 1958
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 77 KB
Description
C. Albert Kimbel and his wife, Ida T. Kimbel, owned a residence in Jacksonville, Florida. The title was held as an estate by the entireties. The United States filed tax liens on various dates prior to June 18, 1953, against C. Albert Kimbel for tax assessments aggregating about eleven thousand dollars. Thereafter further liens were filed on tax assessments of about twelve hundred dollars. None of these taxes was a liability of Mrs. Kimbel.On June 17, 1953, Mr. and Mrs. Kimbel gave a mortgage on the residential property to The American National Bank of Jacksonville to secure a note signed by each of them payable to the Bank in the principal sum of $24,000. The mortgage was recorded June 18, 1953. It authorized the mortgagee to advance funds for taxes and insurance premiums. It secured the payment of the principal and interest of the mortgage note, advances for taxes and insurance and, in the event of foreclosure, the costs of foreclosure including attorneys fees. The mortgage, partly printed and partly typewritten, included among its provisions the following typed clause: