TWIN CITY FED. SAV. & LOAN v. ZIMMERMAN

No. C8-87-500.

411 N.W.2d 294 (1987)

TWIN CITY FEDERAL SAVINGS AND LOAN ASSOCIATION, A United States of America Corporation, Respondent, v. Susan B. ZIMMERMAN, a.k.a. Susan B. Bergquist, Appellant.

Court of Appeals of Minnesota.

September 1, 1987.


Attorney(s) appearing for the Case

James T. Swenson, Minneapolis, for respondent.

William E. Ahlberg, Ahlberg Law Firm, Ltd., Apple Valley, for appellant.

Heard, considered and decided by CRIPPEN, P.J., and LESLIE and LOMMEN, JJ.


OPINION

A. PAUL LOMMEN, Acting Judge.

As a condition to receiving a mortgage loan from Northern Federal Savings and Loan Association, now respondent Twin City Federal Savings and Loan Association, (TCF), appellant Susan B. Zimmerman, a.k.a. Susan B. Bergquist (hereafter Bergquist) purchased a mortgage guaranty insurance policy which would pay TCF for a loss it sustained if appellant defaulted on her loan payments. Appellant did default, and respondent commenced...

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