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BLACKHAWK CREDIT v. CHICAGO TITLE INS.

No. 85-0524.

135 Wis.2d 324 (1986)

400 N.W.2d 287

BLACKHAWK PRODUCTION CREDIT ASSOCIATION, a foreign corporation, Plaintiff-Respondent, v. CHICAGO TITLE INSURANCE COMPANY, a foreign corporation, Defendant-Appellant.

Court of Appeals of Wisconsin.

Decided November 20, 1986.

Attorney(s) appearing for the Case

For the defendant-appellant the cause was submitted on the briefs of Robert J. Schwab of C. Vernon Howard and Stroud, Stroud, Willink, Thompson & Howard of Madison.

For the plaintiff-respondent the cause was submitted on the brief of Lewis Murach of Rudolph, Kubasta, Rathjen & Murach of Wautoma.

Before Gartzke, P.J., Dykman, J., and Eich, J.

GARTZKE, P.J.

Chicago Title Insurance Company appeals from a judgment for $85,000 plus interest in favor of Blackhawk Production Credit Association. The judgment is on an $85,000 title policy covering Blackhawk's security in real estate for its $280,000 loan to Kim Rolfe.

The basic facts are undisputed. Kim Rolfe owed Blackhawk about $280,000 on a 1979 note secured by livestock, farm products, and farm machinery. The note was also secured by irrigation equipment...

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