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BANK OF CRAIG, CRAIG, MO. v. HUGHES

No. 86-254.

398 N.W.2d 216 (1986)

BANK OF CRAIG, CRAIG, MISSOURI, A Banking Corporation, Plaintiff-Appellee, v. John E. HUGHES and Beth L. Hughes, Defendants-Appellants.

Court of Appeals of Iowa.

October 22, 1986.

Attorney(s) appearing for the Case

Lloyd R. Bergantzel, Council Bluffs, for defendants-appellants.

Gene Eaton, of Eaton & Longinaker, Sidney, for plaintiff-appellee.

Considered by OXBERGER, C.J., and DONIELSON and SACKETT, JJ.

SACKETT, Judge.

Defendants appeal from the trial court's refusal to set aside a default judgment of foreclosure foreclosing a mortgage held by plaintiff on certain Iowa farm land owned by defendants and from the trial court's refusal to grant a moratorium under Iowa Code § 654.15 (1985).

I.

On September 24, 1985, plaintiff filed a petition to foreclose a mortgage on certain Montgomery County, Iowa...

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