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Real Property Law - Mortgages - Mortgage agreement - Assignment - Validity - Mortgagee’s remedies

Thursday, October 27, 2016 @ 8:00 PM  

Appeal by the defendants from an order granting the respondent a writ of possession on a property owned by the appellants, to be executed if the appellants failed to make the specified payments owing under a mortgage assignment agreement. The appellants were the owners of adjoining properties. The respondent was the assignee of the mortgages of each property. The mortgages on both properties had gone into default. The appellants admitted that they made none of the payments required under the order. The appellants argued that the...