FEDERAL LAND BANK OF OMAHA v. HEEREN

No. 85-1467.

398 N.W.2d 839 (1987)

FEDERAL LAND BANK OF OMAHA, A Corporation, Appellee, v. Harold V. HEEREN and Mary E. Heeren, Appellants.

Supreme Court of Iowa.

January 14, 1987.


Attorney(s) appearing for the Case

Steven P. Wandro, Des Moines, and Christine M. Luzzie, Iowa City, for appellants.

Gregory N. Lohr of Carter, Sar, Edmonds & Green, Sioux City, and Thomas H. Burke of Whitfield, Musgrave, Selvy, Kelly & Eddy, Des Moines, for appellee.

Considered by McGIVERIN, P.J., and LARSON, SCHULTZ, CARTER and NEUMAN, JJ.


McGIVERIN, Justice.

Defendants Harold and Mary Heeren appeal from district court approval of a receiver's lease of their foreclosed real property to third parties when Heerens were not given the opportunity to lease the land under the same arrangement pursuant to Iowa Code section 654.14 (1985). Upon consideration of the issues raised on appeal, we affirm in part, reverse in part and remand the case for further appropriate proceedings in the receivership.

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