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SHERMAN CTY. BANK v. LONOWSKI

No. 42453.

289 N.W.2d 189 (1980)

205 Neb. 596

SHERMAN COUNTY BANK, a corporation, Appellant, v. Loretta LONOWSKI, Individually, and Loretta Lonowski, Administratrix of the Estate of Edward M. Lonowski, Deceased, Appellee.

Supreme Court of Nebraska.

February 26, 1980.

Attorney(s) appearing for the Case

C. Patrick Shaughnessy, Jr., of Shaughnessy, Shaughnessy & Shaughnessy, St. Paul, for appellant.

Paul Mathew, Loup City, for appellee.

Heard before BOSLAUGH, McCOWN, CLINTON, BRODKEY, WHITE, and HASTINGS, JJ.

McCOWN, Justice.

This is an action by the plaintiff bank for foreclosure of a real estate mortgage given to secure an indebtedness of $20,000. The District Court found that the plaintiff was entitled to foreclosure, but also found that defendant was entitled to the setoff of two jointly held certificates of deposit which the plaintiff bank had applied against her husband's individual indebtedness after his death. The District Court found the amount due and owing to...

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