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FEDERAL NATIONAL MORTGAGE ASSOCIATION v. KOSTRUNEK

Civ. No. 2-526.

228 F.Supp. 777 (1964)

FEDERAL NATIONAL MORTGAGE ASSOCIATION, a corporation, Plaintiff, v. Emil KOSTRUNEK and Madonna L. Kostrunek, Defendants.

United States District Court S. D. Iowa, W. D.

April 29, 1964.

Attorney(s) appearing for the Case

Emmet Tinley, and Jack W. Peters, Council Bluffs, Iowa, for plaintiff.

Tesar & Tesar, Omaha, Neb., for defendants.

HANSON, District Judge.

This is an action on a note and for foreclosure of the collateral security. The payee on the note and the mortgagee in the mortgage is Conservative Bond and Mortgage Co. The makers of the note are Emil and Madonna L. Kostrunek. The note was signed September 7, 1960. On that same day Laurence Homes, Inc. conveyed the property to Emil and Madonna L. Kostrunek for one dollar and other valuable consideration. On November 14th, 1960, a warranty...

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