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FEDERAL LAND BANK OF SPOKANE v. SNIDER

No. 90-351.

808 P.2d 475 (1991)

The FEDERAL LAND BANK OF SPOKANE, a Corporation, Plaintiff and Respondent, v. Roger SNIDER and Penny Snider, Husband and Wife, Elmer Snider and Florence Snider, Husband and Wife, United States of America, Acting Through the Farmers Home Administration, Western Bank of Chinook, N.A., and Interstate Federal Land Bank Association, a Corporation, Defendants and Appellants, and Federal Intermediate Credit Bank of Spokane, a Federal Corporation and Farm Credit System Capital Corporation, a Federal Corporation, Additional Parties Defendant on Counterclaim.

Supreme Court of Montana.

Decided March 21, 1991.

Rehearing Denied April 18, 1991.

Attorney(s) appearing for the Case

Leo Graybill, Jr., Graybill, Ostrem, Warner & Crotty, Great Falls, for defendants and appellants.

Kevin C. Meek, Alexander, Baucus & Linnell, Great Falls, for plaintiff and respondent.

TRIEWEILER, Justice.

Plaintiff, the Federal Land Bank of Spokane, ("the Bank") commenced this suit in District Court to foreclose a mortgage on property owned by the defendants Roger and Penny Snider (Sniders). The Bank also sought a deficiency judgment for the difference between the amount due under a note executed by the Sniders and that amount recovered by the Bank at the foreclosure sale. Following trial before the Blaine County District Court in the Seventeenth...

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