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APPLICATION OF NORTHWESTERN MUT. LIFE INS.

No. 83CA0807.

703 P.2d 1314 (1985)

In re the Application of NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, a Wisconsin corporation, as Petitioner, Seeking Appointment of a Receiver Under a Power Contained In a Deed of Trust and Pursuant To § 38-39-112, C.R.S. NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, Petitioner-Appellee, and Steve Laughlin, Receiver-Appellee, v. FIRST INTERSTATE BANK OF DENVER, successor in interest to Intra-West Bank of Denver, formerly known as the First National Bank of Denver, Respondent-Appellant.

Colorado Court of Appeals, Div. I.

Rehearing Denied June 20, 1985.

Attorney(s) appearing for the Case

Wood, Ris & Hames, P.C., Christopher M. Brandt, Colin C. Campbell, Denver, for petitioner-appellee Northwestern Mut. Life Ins. Co.

Callahan & Callahan, Thomas J. Callahan, Wray, for receiver-appellee Steve Laughlin.

John Mason, Jr., & Associates, John Mason, Jr., Denver, Homm & Cribbs, George Homm, Burlington, for respondent-appellant.

ENOCH, Chief Judge.

Respondent, Intrawest Bank of Denver (Bank), appeals from an order appointing a receiver on farm property under a petition from Northwestern Mutual Life Insurance Company (Northwest) and the subsequent order which discharged the receiver. We affirm.

Northwest was the holder of a first deed of trust on farm property operated by Tom McCormick and Company (debtor). It provided that upon default and Northwest's foreclosure, Northwest would...

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