IN RE SHUSTER

No. 85-5122.

784 F.2d 883 (1986)

In re Martin Frank SHUSTER and Carol Sue Shuster, Debtors. Martin Frank SHUSTER and Carol Sue Shuster, Appellees, v. Richard DOANE and Barbara Doane and Production Credit Association of Chippewa Falls, Wisconsin, Appellants, v. FOREST LAKE STATE BANK and Mary Jo Thomsen and Donald Thomsen, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided March 3, 1986.


Attorney(s) appearing for the Case

Richard G. Nadler, St. Paul, Minn., for appellants.

Brian F. Leonard, St. Paul, Minn., for appellees.

Before ROSS, Circuit Judge, BRIGHT, Senior Circuit Judge, and BOWMAN, Circuit Judge.


ROSS, Circuit Judge.

In 1978, Martin and Carol Shuster sold real estate located in Washington County, Minnesota, to Donald and Mary Jo Thomsen by contract for deed. The contract for deed was recorded in the office of the Washington County, Minnesota recorder in accordance with the Minnesota real estate recording statutes, MINN.STAT.ANN. §§ 507.01-507.42 (West 1947 and Supp.1985).

The vendors' interest in the contract for deed was subsequently assigned...

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