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LAKESHORE COMMERCIAL, ETC. v. NORTH PLATTE, ETC.

No. 43339.

302 N.W.2d 39 (1981)

208 Neb. 63

LAKESHORE COMMERCIAL FINANCE CORPORATION, Appellee, v. NORTH PLATTE H. J. MOTEL, INC., a corporation et al., Appellants.

Supreme Court of Nebraska.

February 13, 1981.

Attorney(s) appearing for the Case

Jerome Rinzel, Rinzel & Paulick, S.C., Cudahy, Wis., and Robert E. Roeder, North Platte, for appellants.

Robert K. Steuer, Weiss, Steuer, Berzowski & Kriger, Milwaukee, Wis., and Richard W. Satterfield, Kay & Satterfield, North Platte, for appellee.

Heard before BOSLAUGH and WHITE, JJ., and KELLY and BARTU, District Judges, and RONIN, Retired District Judge.

BOSLAUGH, Justice.

This was an action to foreclose mortgages upon the property in Lincoln County, Nebraska, upon which the North Platte Howard Johnson Motel and Restaurant is located.

The motel and restaurant are owned by the defendant, North Platte H. J. Motel, Inc. The other principal defendant is Virginia K. Lesperance.

In 1971, the plaintiff, a commercial finance corporation, loaned funds to the defendant...

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