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GLOVER v. MARINE BANK OF BEAVER DAM

No. 82-1841.

117 Wis.2d 684 (1984)

345 N.W.2d 449

Gerald G. GLOVER and Janice M. Glover, Plaintiffs-Appellants, v. MARINE BANK OF BEAVER DAM, a Wisconsin banking corporation, Defendant-Respondent.

Supreme Court of Wisconsin.

Decided March 27, 1984.

Attorney(s) appearing for the Case

For the plaintiffs-appellants there were briefs by Paul S. Taylor and Bakken, Feifarek & Taylor, Madison, and oral argument by Paul S. Taylor.

For the defendant-respondent there was a brief by Russell Goldstein and Goldstein & Goldstein, Milwaukee, and oral argument by Russell Goldstein.

LOUIS J. CECI, J.

This appeal is before is before this court on certification from the court of appeals. Sections 808.05 (2) and 809.61, Stats.

Initially, we observe that a total of four mortgages on five separate properties were utilized to secure two promissory notes. Therefore, we are concerned with the following issue:

"If a mortgagee holds more than one mortgage securing two promissory notes and elects to foreclose only some of the mortgages under...

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