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FEDERAL LAND BANK v. NORTHCUTT

No. 72579.

811 P.2d 1368 (1991)

FEDERAL LAND BANK OF WICHITA, a corporation, Appellee, v. Delmas NORTHCUTT, a/k/a D.L. Northcutt, and Lou Northcutt, a/k/a Martha L. Northcutt; Appellants, and First National Bank, Madill, Oklahoma; Glenn Northcutt and Tommye Northcutt; Exchange National Bank & Trust Company of Ardmore, Oklahoma; Acacia Pipeline Corporation; one and the same as Acacia Pipeline Corp.; Natural Gas Pipeline Corp.; Natural Gas Pipeline Company of America; Konawa Insurance Company, a corporation; and, Eugene Embry, Defendants.

Court of Appeals of Oklahoma, Division No. 3.

Rehearing Denied April 9, 1991.

Certiorari Denied June 5, 1991.

Attorney(s) appearing for the Case

Blaine Schwabe, Oklahoma City, for appellee.

Don Little, Madill, for appellants.

Released for Publication by Order of the Court of Appeals of Oklahoma, Division No. 3.

HUNTER, Chief Judge.

Appellants, Delmas and Lou Northcutt (Northcutts), the only defendants to appeal from the summary judgment granted by the district court, executed a promissory note and mortgage in favor of Appellee, Federal Land Bank of Wichita (Bank), on June 9, 1982, in the principal sum of $650,000.00, secured by certain...

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