BERGFELD v. FARM CREDIT BANKS OF OMAHA

No. 87-1517.

439 N.W.2d 217 (1989)

William C. BERGFELD and Margaret Bergfeld, Husband and Wife, Plaintiffs-Appellants, v. FARM CREDIT BANKS OF OMAHA, Successor in Interest to Farm Credit System Assistance Board, David J. McAndrews, and Mary McAndrews Livestock, Inc., et al., Defendants-Appellees.

Court of Appeals of Iowa.

February 23, 1989.


Attorney(s) appearing for the Case

Peter C. Riley and Charles C. Brown, Jr., Cedar Rapids, for plaintiffs-appellants.

Theodore C. Hirt and Stephen J. Murphy III of the U.S. Dept. of Justice, Charles W. Larson, U.S. Atty., and John R. Bolton, Asst. U.S. Atty. Gen., for defendant-appellee Farm Credit System.

Stephen Nelson, Steven P. Greiner and William S. Vernon of Moyer & Bergman, Cedar Rapids, for defendant-appellee Farm Credit System.

Michael A. Stapleton, Dubuque, for defendants-appellees McAndrews.

Glenn Bartelt, Maquoketa, for defendant-appellee Maquoketa State Bank.

Joseph P. Zwack, Dubuque, for defendant-appellee Abbey.

Heard by SCHLEGEL, P.J., and SACKETT and HABHAB, JJ.


SCHLEGEL, Presiding Judge.

William and Margaret Bergfeld appeal the summary judgment entered against them in their specific performance action. We affirm.

There are no facts in dispute. The facts as agreed to by all parties are as follows: Prior to 1986, David and Mary McAndrews owned 160 acres of land. In September of 1986, as a part of a loan settlement agreement, David and Mary transferred that real estate to...

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