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FIRST SECURITY BANK, MORRISTOWN v. SKJOLDAL

No. 11577.

237 N.W.2d 675 (1976)

FIRST SECURITY BANK, MORRISTOWN, South Dakota, a corporation, Plaintiff and Respondent, v. Malven SKJOLDAL et al., Defendants and Appellants.

Supreme Court of South Dakota.

January 22, 1976.

Attorney(s) appearing for the Case

Robbins & Von Wald, Selby, for Malven Skjoldal and Hazel Skjoldal, defendants and appellants.

Curtis W. Hanks, Lemmon, for plaintiff and respondent.

WINANS, Justice.

Respondent bank in this case brought an action against defendants on August 6, 1973, seeking foreclosure of a chattel mortgage and foreclosure of a real estate mortgage and the determination of the rights and interests of the various parties involved. Appellants Malven and Hazel Skjoldal answered denying all of Respondent's allegations pleading lack of consideration and counterclaiming against Respondent for commercially unreasonable sale of mortgaged...

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