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AMERICAN NAT. BANK v. BLAESER

No. 82-422.

326 N.W.2d 163 (1982)

AMERICAN NATIONAL BANK, Appellant, v. Lawrence J. BLAESER and Clarice A. Blaeser, Respondents.

Supreme Court of Minnesota.

November 12, 1982.

Attorney(s) appearing for the Case

Borden, Steinbauer, Rathke & Gardner, Brainerd, for appellant.

Hanson & Gustafson and Randall K. Hanson, Pequot Lakes, for respondents.

Considered and decided by the court en banc without oral argument.

KELLEY, Justice.

Plaintiff American National Bank of Brainerd (Bank) appeals from an order granting summary judgment in favor of defendants Lawrence J. and Clarice A. Blaeser in this suit for a deficiency judgment following a mortgage foreclosure. The sole issue on appeal is whether a foreclosing mortgagee may elect a 12-month redemption period under Minn.Stat. § 580.23, subd. 2 (1980), as opposed to a 6-month redemption...

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