Driver v. Driver
In Driver v. Driver, 200 Ark. 500, 139 S.W.2d 401 (1940), the court noted that the holder of a note secured by a mortgage had the right to enforce payment by either obtaining judgment against the maker of the note and suing out an execution for collection, or he could foreclose on the mortgage.
Quoting from an earlier opinion, the court observed that a "mortgagee need not exhaust security before resorting to other remedies with right, however, to only one satisfaction." See Vaughan v. Screeton.