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PLATTE VALLEY FED. SAV. & LOAN v. GRAY

No. 85-918.

409 N.W.2d 617 (1987)

226 Neb. 135

PLATTE VALLEY FEDERAL SAVINGS & LOAN ASSOCIATION, Appellee, v. Marjorie L. GRAY et al., Appellants.

Supreme Court of Nebraska.

July 31, 1987.

Attorney(s) appearing for the Case

George A. Sommer, Scottsbluff, for appellant Gray.

Robert J. Bulger of Bulger & Jensen, Bridgeport, for appellant Goltl.

Christine J. Law of Atkins Ferguson Zimmerman Carney Law, P.C., Scottsbluff, for appellee.

BOSLAUGH, WHITE, HASTINGS, CAPORALE, SHANAHAN, and GRANT, JJ., and COLWELL, District Judge, Retired.

HASTINGS, Justice.

Defendants appeal from an order granting plaintiff's requested decree of foreclosure on certain residential real property and denying defendants' counterclaim for rescission.

On May 7, 1982, Marvin E. Ziegler and Carol A. Ziegler executed a note to plaintiff for $66,000, secured by a mortgage on certain residential real property. On June 25, 1982, defendant Marjorie L. Gray contracted to buy that property from the Zieglers, subject to the...

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