MUTUAL FED. S. & L. ASSO. v. WISCONSIN WIRE WKS.

No. 36.

58 Wis.2d 99 (1973)

205 N.W.2d 762

MUTUAL FEDERAL SAVINGS & LOAN ASSOCIATION, Appellant v. WISCONSIN WIRE WORKS and others, Respondents.

Supreme Court of Wisconsin.

Decided April 9, 1973.


Attorney(s) appearing for the Case

For the appellant there was a brief by Frisch, Dudek, Slattery & Denny, attorneys, and Edward A. Dudek and Jerry H. Friedland of counsel, all of Milwaukee, and oral argument by Edward A. Dudek.

For respondent Eugene B. Brownell the cause was submitted on the brief of Fulton, Menn & Nehs, Ltd., of Appleton.

For respondent Megal Development Corporation there was a brief by Adolph I. Mandelker, attorney, and David M. Kaiser of counsel, both of Milwaukee, and oral argument by Mr. Kaiser.


HEFFERNAN, J.

We see no ambiguity in the terms of the contract. The entire balance due on the mortgage note is to become due and payable at the option of the mortgagee if the mortgagor:

"... shall convey away said mortgaged premises or if the title thereto shall become vested in any other person or persons in any manner whatsoever, unless the consent... is first obtained."

In Wisconsin, a state which follows...

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