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WILLIAMS, J. In our judgment, the provisions in the original deed relating to the payment of money by the grantee in making the unpaid amounts thereof a lien upon the prop,erty were valid provisions, and the promise to pay the same was made a part of the _ consideration for the conveyance. It is claimed, however, that even though the lien was valid in its inception that, as -against- the Inmans, it is ineffective for the reason that they were bona, fide purchasers without notiee and had a right to rely upon the Recorder’s Transfer Certificate of Revised Title, given under the Torrens Act. Under , 8572-25 GC, a subsequent purchaser of registered land who takes a certificate of title for value and in good faith, holds the same free from estates and encumbrances except those noted in the Certificate. As the Certificate of Title issued to the Inmans contained a notation referring to the original deeds and stated’ that the title is subject to reservations, covenants and liens reserved therein, the information contained therein was of such a nature as to put the Inmans on inquiry and give them notice of the existence of provisions contained in the original deed from The Elworthy-Helwick Company. The Inmans are therefore not entitled to have th,e title to the premises quieted and the defendant The Hiawatha Club of the Lake Shore Boulevard Estates which has acquired all the rights of The Elworthy-Helwick Company, is entitled to a lien for the unpaid portions of the stipulated sums under the deed and there is now due the sum of $127.50, and it is also entitled to have the lien foreclosed and the premises sold. The cause is certified to the court of common pleas to carry the judgment and decrees into execution.
Farr and Richards, JJ, concur.
Document Info
Docket Number: No 192
Judges: Dist, Farr, Place, Pollock, Richards, Roberts, Williams
Filed Date: 2/5/1931
Precedential Status: Precedential
Modified Date: 11/12/2024