Zanietta v. McCulloch, 280 P. 328 (Or. 1929). · Go Syfert
Zanietta v. McCulloch, 280 P. 328 (Or. 1929). Cases Citing This Book View Copy Cite
9 citation events (2 in the last 25 years) across 2 distinct courts.
Strongest positive: Lincoln Loan Co. v. Estate of George Geppert (orctapp, 2021-04-21)
Top citers, strongest first. 2 distinct citers. How cited ↗
discussed Cited "see" Lincoln Loan Co. v. Estate of George Geppert (2×)
Or. Ct. App. · 2021 · signal: see · confidence high
See Zaninetta v. McCulloch, 130 Or 396, 398-99 , 280 P 328 (1929) (holding, under predecessor to ORS 88.120, that second mortgage acquired subsequent to expiration of 10-year limitation was superior to barred first mort- gage, notwithstanding that original mortgagor still owned premises).
discussed Cited "see, e.g." Security State Bank v. Luebke
Or. · 1987 · signal: see also · confidence low
See Day v. Celoria, supra, 116 Or at 252 ; Force v. Heusner, supra, 142 Or at 284 (“a third *427 party cannot maintain the defense of the Statute of Limitations unless the lien or interest attaches ‘subsequent to the expiration of the ten-year period’ ”); see also Zanietta v. McCulloch, 130 Or 396, 399 , 280 P2d 328 (1929) (third party’s interest arose 10 years after mortgage maturity date; “[f|or that reason, * * * plaintiffs mortgage, * * * as against the [third party’s] mortgage, or against any liens or rights of third parties attaching subsequent to [the 10 year post-maturity…
Retrieving the full opinion text from the archive…
LOUIS ZANIETTA
v.
JOHN W. McCULLOCH Et Al.
Oregon Supreme Court.
May 9, 1929.
280 P. 328
For appellant there was a brief and oral argument by Mr. C.M. Crandall. For respondent there was a brief and oral argument by Mr. Wm. E. Lees.
Band, Bean, McBride, Bossman.
Cited by 5 opinions  |  Published
BAND, J.

Section 9887, Or. L., provides:

“No mortgage upon real estate now, heretofore or hereafter given, shall be a lien or incumbrance, or[*399] of any effect or validity for any purpose whatsoever, after the expiration of ten years from the date of the maturity of the obligation of indebtedness secured or evidenced by such mortgage, or from the date to which the payment thereof has been extended by agreement of record.”

There is no agreement of record extending the time of payment of plaintiff’s note.

Section 9890 provides:

“Nothing in this act contained shall be construed to bar the foreclosure of any such mortgage, nor shall said act or any portion thereof be plead or considered as a defense to any such foreclosure, if, within ten years immediately preceding the commencement of the suit to foreclose, there shall have been voluntarily paid any portion of the debt secured by the mortgage, or any interest thereon; provided, that the premises covered by such mortgage are still owned by the original mortgagor and are unaffected by any lien or liens, or rights of third parties which may have attached or intervened, subsequent to the expiration of the ten-year period in section 9887 described.”

The premises covered by plaintiff’s mortgage are, so far as the record shows, still owned by the original mortgagors, but they do not come within the exception of the statute because they are affected by the Lees mortgage lien, which lien attached or intervened subsequent to the expiration of the ten-year period. For that reason, and because of the express provisions of the statute, plaintiff’s mortgage, as a mortgage, as against the Lees mortgage, or against any liens or rights of third parties attaching subsequent to November 7, 1923, has ceased to exist, and, by virtue of the statute, the mortgage given to the bank and assigned to Lees is a first mortgage upon the[*400] premises, and entitled the defendant Lees to the relief granted by the decree.

So far as our examination shows this statute has been considered in three cases only; in only one of these did the court attempt to determine its application to particular cases. In Hydraulic Mining Co. v. Smith, 100 Or. 86 (196 Pac. 811), and in Day v. Celoria, 116 Or. 250 (241 Pac. 58), the statute was referred to but the facts of neither case, as shown by the opinions of the court, brought the parties within its application and the effect of the statute in applicable cases was not determined. In State Land Board v. Lee, 84 Or. 431 (165 Pac. 372), in a decision written by Mr. Justice Harris, the statute was held to be not applicable to a mortgage given by a land owner to the State Land Board for moneys loaned by the board belonging to the irreducible school fund. The reason for the decision was that a limitation in a general statute has no application to the state, unless the state is expressly named in the statute or by necessary implication included within its provisions. But this decision and the reasons which controlled it have no application to plaintiff’s mortgage. Here the state is not a party to the suit, nor has it any interest in plaintiff’s mortgage. The effect of the decision in that case was to hold that the statute in question was a valid statute, and binding upon mortgages coming within its terms when held by private parties. With that decision we are in thorough accord, and we think it is controlling here.

For these reasons, the decree of the lower court must be affirmed. It is so ordered. Affirmed.

Bean, McBride and Bossman, JJ., concur.