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FIRST FED. SAV. & L. ASS'N OF BOWLING GREEN v. SAVAGE

435 S.W.2d 67 (1968)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF BOWLING GREEN, Kentucky, Appellant, v. Jesse Dean SAVAGE and Wanda L. Savage, Appellees.

Court of Appeals of Kentucky.

November 29, 1968.

Attorney(s) appearing for the Case

Harold D. Ricketts, Harlin, Parket Ricketts Lucas & English, Bowling Green, for appellant.

G. S. Milam, James C. Milam, Russellville, for appellees.

EDWARD P. HILL, Judge.

Appellant, herein referred to as First Federal, loaned appellees, designated Savage, $12,000 secured by a note and mortgage on a farm and a small 3½-acre tract in Todd County, Kentucky. The residence and its contents on the farm were destroyed by fire. Savage filed this action against First Federal to recover an amount equal to the amount for which the property had initially been insured under a certain policy of insurance, arguing (1)...

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