Legal Opinion
Federal Land Bank of Saint Paul v. Wallace
North Dakota Supreme Court
Decided April 17, 1985No. Civ. 10765PublishedCited by 15 opinions
1Opinion of the Court
VANDE WALLE, Justice.
Billy J. Wallace and Rosemarie Wallace, defendants and cross-claimants, appealed from the summary judgment ordered by the district court of Dickey County which granted foreclosure of a real-estate mortgage in favor of the Federal Land Bank of Saint Paul. We affirm.
On January 15, 1980, Billy and Rosemarie Wallace, farmers in Dickey County, borrowed $590,000 from the Federal Land Bank of Saint Paul (hereinafter Federal Land Bank). To secure the loan, the Wal-laces were required to mortgage certain real estate used in their farming operation.
Subsequent to mortgaging their…
2Cases cited16 opinions
- Union State Bank v. WoellNorth Dakota Supreme Court · 1984
- Gajewski v. BratcherNorth Dakota Supreme Court · 1976
- Brauer v. James J. Igoe & Sons Construction, Inc.North Dakota Supreme Court · 1971
- City of Bismarck v. AltevogtNorth Dakota Supreme Court · 1984
- Benson County Cooperative Credit Union v. Central Livestock Ass'nNorth Dakota Supreme Court · 1980
11 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Farmers State Bank of Leeds v. ThompsonNorth Dakota Supreme Court · 1985
- Kim-Go, H.K. Minerals, Inc. v. J.P. Furlong Enterprises, Inc.North Dakota Supreme Court · 1990
- Praus Ex Rel. Praus v. MacKNorth Dakota Supreme Court · 2001
- Buurman v. Central Valley School DistrictNorth Dakota Supreme Court · 1985
- Symington v. Walle Mutual Insurance Co.North Dakota Supreme Court · 1997
10 more not listed; retrieve them via the Exa API.