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NORTHWEST. MUT. LIFE INS. CO. v. NEB. LAND CORP.

Nos. 39443-39446.

223 N.W.2d 425 (1974)

192 Neb. 588

The NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, a corporation, Appellee, v. NEBRASKA LAND CORPORATION, a corporation, Appellant, Impleaded with S. A. Foster Lumber Company, a corporation, et al., Appellees. The NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, a corporation, Appellee, v. NEBRASKA LAND CORPORATION, a corporation, Appellant, Impleaded with Wheatbelt Public Power District, a corporation, et al., Appellees (three cases).

Supreme Court of Nebraska.

November 14, 1974.

Attorney(s) appearing for the Case

Kutak, Rock, Cohen, Campbell, Garfinkle & Woodward, Omaha, for appellant.

Marti, Dalton, Bruckner, O'Gara & Keating, Mattson, Ricketts, Davies, Stewart & Calkins, Lincoln, Peetz & Dorwart, Sidney, for appellees.

Heard before WHITE, C. J., and SPENCER, BOSLAUGH, McCOWN, NEWTON, CLINTON, and BRODKEY, JJ.

McCOWN, Justice.

In this case four separate real estate mortgage foreclosure actions have been consolidated for appeal. The mortgage debtor, Nebraska Land Corporation, by and through its trustee in bankruptcy, has appealed from an order of the District Court directing the distribution of a portion of surplus sale proceeds to Wheatbelt Public Power District, the holder of a contractual lien in each of the four cases.

On September 16, 1970, Northwestern Mutual...

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