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FEDERAL LAND BANK OF OMAHA v. STEINLAGE

No. 86-408.

409 N.W.2d 173 (1987)

The FEDERAL LAND BANK OF OMAHA, A Corporation, Appellee, v. Nicholas J. STEINLAGE and Dorothy A. Steinlage, Appellants, The United States of America acting Through the Farmers Home Administration, Defendant.

Supreme Court of Iowa.

Rehearing Denied August 20, 1987.

Attorney(s) appearing for the Case

Christopher F. O'Donohoe, New Hampton, for appellants.

Dale L. Putnam and Andrew F. Van Der Maaten of Strand, Anderson, Wilmarth & Putnam, Decorah, for appellee.

Considered by REYNOLDSON, C.J., and McGIVERIN, WOLLE, LAVORATO, and NEUMAN, JJ.

REYNOLDSON, Chief Justice.

Plaintiff The Federal Land Bank of Omaha (Bank) brought this foreclosure action against defendants Nicholas J. and Dorothy A. Steinlage. Trial court granted summary judgment against the Steinlages and they appeal. The third defendant, Farmers Home Administration, has not appealed and consequently is not before us.

In the foreclosure action, the Bank's petition alleged Steinlages had defaulted on their promissory note, secured by...

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