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FIRST FEDERAL SAV. BANK v. HAMBLET

No. 17586.

481 N.W.2d 274 (1992)

FIRST FEDERAL SAVINGS BANK OF SOUTH DAKOTA, Plaintiff and Appellee, v. Tracy E. HAMBLET, Jr., and Barbara E. Hamblet, Defendants and Appellants.

Supreme Court of South Dakota.

Decided February 26, 1992.

Attorney(s) appearing for the Case

George E. Grassby of Whiting, Hagg & Hagg, Rapid City, for plaintiff and appellee.

Myron C. Lindquist, Kemnitz Law Offices, Philip, for defendants and appellants.

HENDERSON, Justice.

PROCEDURAL HISTORY/ISSUE

This action was commenced by appellee First Federal Savings Bank of South Dakota (First Federal) against appellants (Hamblets), upon a complaint requesting declaratory judgment to ascertain rights to insurance proceeds incident to a mortgage and note obligation.

In October 1990, Hamblets filed a motion for summary judgment. During the same month, First Federal countered with its own motion for declaratory...

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