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RANCHERS STATE BANK OF BELEN v. VEGA

No. 14309.

653 P.2d 873 (1982)

99 N.M. 42

RANCHERS STATE BANK OF BELEN, Plaintiff-Appellee, United States of America, Plaintiff-In-Intervention-Appellee, v. Mary VEGA, Defendant-Appellant.

Supreme Court of New Mexico.

November 2, 1982.

Attorney(s) appearing for the Case

Patsy D. Reinard, Rolf A. Melkus, Socorro, for defendant-appellant.

Thomas G. Fitch, Socorro, for plaintiff-appellee Ranchers State Bank.

William L. Lutz, U.S. Atty., Janet R. Braziel, Asst. U.S. Atty., Albuquerque, for plaintiff-in-intervention-appellee.

OPINION

SOSA, Senior Justice.

This case was brought in the District Court of Socorro County to foreclose a mortgage in favor of Ranchers State Bank of Belen (Ranchers). The United States Government intervened as plaintiff to foreclose a judgment lien against the same real estate. Foreclosure was granted subject to a homestead exemption of $20,000. The court later amended its judgment by decreasing the exemption amount to $10,000. Defendant Mary Vega appeals...

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