American State Bank of Killdeer v. Hewson

ERICKSTAD, Chief Justice.

Dale Hewson appeals from the summary judgment entered by the District Court for the Southwest Judicial District on December 1, 1986, finding that American State Bank of Killdeer as a secured party sold his tractor with dozer as collateral in a commercially reasonable manner. We reverse and remand for further proceedings.

On October 11, 1984, Hewson executed a promissory note to the Bank in the sum of $40,000 payable with interest at the rate of fourteen percent per annum. Hewson provided as security for the promissory note *59two fourteen foot drills1 and a 1976 Steiger…