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COMMUNITY STATE BANK v. COTTINGTON

No. 88-983.

444 N.W.2d 484 (1989)

COMMUNITY STATE BANK, PATON, Iowa, Appellee, v. Merrill G. COTTINGTON and Carolyn A. Cottington, Appellants, Dorrell Lindmark, Ilene Lindmark, Gerry Lindmark, Douglas Lindmark, Carroll Wood, and Small Business Administration, Defendants.

Supreme Court of Iowa.

August 16, 1989.

Attorney(s) appearing for the Case

John P. Roehrick of Roehrick, Hulting & Moisan, Des Moines, for appellants.

Neven J. Mulholland and William J. Good of Johnson, Erb, Latham, Gibb & Carlson, P.C., Fort Dodge, for appellee.

Considered by LARSON, P.J., and CARTER, NEUMAN, SNELL and ANDREASEN, JJ.

NEUMAN, Justice.

This appeal involves postjudgment proceedings in a farm foreclosure. The controversy centers on the receiver's claimed right to lease the land during the redemption period pursuant to the provisions of a consent decree, even though the mortgagee waived a deficiency judgment. The trial court interpreted the decree in the receiver's favor and the mortgagors have appealed. We affirm.

In October 1984, appellee Community State Bank filed an action...

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