Jamison v. Perry
This text of 38 Iowa 14 (Jamison v. Perry) is published on Counsel Stack Legal Research, covering Supreme Court of Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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The counsel in this case have argued two questions, as being the only questions involved in it. They are: First — Was the title claimed by the defendants under the mortgage foreclosure, barred by our statute of limitations, at the time of the conveyance by them to their grantee, W. A. Jordan? Second — Was the omission to affix a scroll to the record of certificate of acknowledgment, such a defect as that the record did not impart constructive notice of the rights of the mortgagees? The court below held that the second ques[17]*17tion must be answered in the affirmative; and upon that answer based a like answer to the first question.
But the defendants claim that the mortgage from which their title is derived was paramount to the title thus held adversely, and that the record afforded constructive notice of their paramount title. If this be granted, will it relieve them from the bar of the statute? The purpose of the statute is to give security and superiority to the inferior title, when it is fortified by such continued and actual adverse possession; and this, although the paramount or superior title may be of record, or its existence be in fact known to the owner of the inferior title who is thus in possession. Knowledge, by the actual possessor, of the existence of a paramount title, does not prevent the running of the statute in his favor; neither does a want of knowledge of such possession by the owner of the paramount title prevent the running, of the statute against him. It will be remembered that the possession began after the right of action to foreclose the mortgage accrued. Again, it is claimed that the paramount title was a mortgage, and because of this the statute would not run until its foreclosure. But if the adverse possession was such as to toll the right of one having a complete title — the greater, why will it not toll the right of a mortgagee — the lesser, especially when the right of action upon the mortgage is perfect when the adverse possession begins, [18]*18and no relation exists between tbe parties, except that of adverse claimants of the property? To hold, as did the court below, that the statute of limitations would not commence to run until the absolute title was acquired under the mortgage foreclosure sale and conveyance, would be to put it in the power of the owner not in possession to extend or enlarge the statute by his own voluntary act of delaying the foreclosure. This cannot be done, for statutes of limitation are not elastic.
While it is true that the purchasers of the five acres, in fact and law, only acquired their title subject to the mortgage (supposing the record of it to afford constructive notice,) yet they took possession as owners claiming title; and since they were not made parties to the foreclosure proceedings, they were not affected thereby. The right to bring an action to foreclose having existed at the time the adverse possession begun, and that possession having continued more than ten years, the right to foreclose is barred, and with it all other rights. Johnson v. Hopkins, 19 Iowa, 49; Newman v. DeLorimer, Ib., 244; Close v. Samm, 27 Iowa, 503; Gower v. Winchester, 33 Iowa, 302. It is not intended to intimate herein that the statute of limitations would begin to run in favor of a mortgagor or his grantee before the right of action on, or the breach of, the mortgage.
In view of the foregoing determination of the first question, it becomes wholly unnecessary to decide the second, since, even if the appellant’s position is correct, the judgment must be affirmed.
Affirmed.
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38 Iowa 14, Counsel Stack Legal Research, https://law.counselstack.com/opinion/jamison-v-perry-iowa-1873.