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  5. 779 P.2d 48 (1989)
 

FIRST NAT. BANK v. QUINTA LAND AND CATTLE CO.

No. 88-599.

779 P.2d 48 (1989)

FIRST NATIONAL BANK OF ALBUQUERQUE, a National banking corporation, Plaintiff and Respondent, v. QUINTA LAND AND CATTLE COMPANY, a New Mexico corporation; Richard D. Bokum, II, and Margaret B. Bokum, Defendants and Appellants.

Supreme Court of Montana.

Decided August 3, 1989.

Rehearing Denied September 13, 1989.

Attorney(s) appearing for the Case

Richard C. Conover, Bozeman, for defendants and appellants.

William D. Lamdin, III, Crowley Law Firm, Billings, for plaintiff and respondent.

TURNAGE, Chief Justice.

This is a foreclosure action brought by First National Bank in Albuquerque, New Mexico (Bank), against Quinta Land and Cattle Company a New Mexico Corporation (Quinta), Richard Bokum and his wife, Margaret Bokum. Bank sought foreclosure of a mortgage on certain real property located in Gallatin County, Montana. The mortgage secured certain notes (numbers 753, 109, and 5052 which are herein referred to as the 1982 notes) held by and made payable...

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