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  5. 646 S.W.2d 336 (1983)
 

INDEPENDENCE FED. SAV. & LOAN ASS'N v. DAVIS

No. 82-202.

646 S.W.2d 336 (1983)

278 Ark. 387

INDEPENDENCE FEDERAL SAVINGS AND LOAN ASSOCIATION, Appellant, v. Roy C. DAVIS, et al., Appellees.

Supreme Court of Arkansas.

Supplemental Opinion on Denial of Rehearing March 21, 1983.

Attorney(s) appearing for the Case

Hoover, Jacobs & Storey, Victor A. Fleming, Little Rock, for appellant.

David H. White, Horseshoe Bend and Lambert & Brown, Cherokee Village, for appellees.

DUDLEY, Justice.

In 1972 we held that a federal savings and loan association must demonstrate that its security is impaired before it will be permitted to accelerate the maturity date of a loan and declare the entire debt due if the property securing the loan is sold or otherwise transferred. Tucker v. Pulaski Federal Savings & Loan Ass'n., 252 Ark. 849, 481 S.W.2d 725 (1972). Four years later the Federal Home Loan Bank...

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