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67 Ill. App. 402

Murray v. Brokaw

Appellate Court of Illinois

Decided November 21, 1896

Appellate Court of Illinois · decided 1896-11-21

<p>1. Mortgages—Release by Mortgagee on Payment—Application of the Statute—Sections of Chapter95, R. S., entitled “Mortgages,” providing that every mortgagee having received full satisfaction of all •sums due him from the mortgagor, shall at the request of the mortgagor, his heirs, legal representatives or assigns, enter satisfaction upon the margin of the record of such mortgage in the recorder’s office, applies only when the mortgage debt is paid without foreclosure.</p>

Cited by 2 later decisions — most recently April 1986

2 state decisions

Key passage — most relied on by later courts

““When it is necessary to foreclose, and a decree is rendered for that purpose [italics ours], the mortgage becomes merged in the decree, and a satisfaction of the decree is all that is required.””

quoted by 1 later decision, including J. I. Case Threshing MacH. Co. v. McGuire

Good law ✅— No negative treatment on recordhow we know

Affirmed · Decided 1896-11-21

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Mr. Justice Wall

¶1delivered the opinion of the Court.

¶2These were actions to recover penalties provided by Sec. 8, Ch. 95, for failing to release mortgages after the same had been" paid as alleged. The .cases were tried by the court without a jury by consent, and the finding in each was for defendant. Judgment was entered accordingly. The mortgages in question were executed by John Murray, since deceased, in favor of John and Charles Ellsworth, also since deceased.

¶3Bills to foreclose were filed and decrees were entered for the amounts found due.

¶4These decrees were fully paid and acknowledgment of payment was entered upon the record of each decree.

¶5The appellants insisted that satisfaction should also be entered upon the margin of the record of each mortgage, and after making a demand for such entry of satisfaction, brought these actions for the specified penalty. Waiving the question as to whether there was a tender of “ reasonable charges ” before the suits were brought, we think the judgments are correct upon the ground that the statute involved applies only when the mortgage debt is paid -without foreclosure. When it is necessary to foreclose, and a decree is rendered for that purpose, the mortgage becomes merged in the decree and a satisfaction of the decree is all that is required. This we think is quite apparent from the language of the statute and from a consideration of the object in view.

¶6The judgment will be affirmed.

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