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LISBON BANK AND TRUST CO. v. COMMODITY CREDIT CORP.

No. C87-0050.

679 F.Supp. 903 (1987)

LISBON BANK AND TRUST COMPANY, Plaintiff, v. COMMODITY CREDIT CORPORATION, Defendant.

United States District Court, N.D. Iowa, Cedar Rapids Division.

December 29, 1987.

Attorney(s) appearing for the Case

Eric W. Lam, Steven P. Greiner, Cedar Rapids, Iowa, for plaintiff.

Paul C. Lillios, Asst. U.S. Atty., Cedar Rapids, Iowa, for defendant.

ORDER

HANSEN, District Judge.

This matter is before the court on plaintiff Lisbon Bank and Trust Company's motion for summary judgment, filed July 2, 1987. Motion denied.

On October 25, 1982, Lisbon Bank and Trust Company (the Bank) entered into a security agreement with Dean and Mary Gerdemann, where the Gerdemanns granted a security interest to the Bank in all the Gerdemanns' following described property:

First security interest in all...

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