Kapaun v. Fed. Land Bank of Omaha

Plaintiff-petitioner Kapaun owned land in Minnehaha county mortgaged to the Federal Land Bank of Omaha. The Land Bank foreclosed its mortgage and purchased at the foreclosure sale, receiving sheriff’s certificate February 13, 1935. Normally the period of redemption would expire and the Land Bank, if it continued to hold the certificate, would become entitled to> sheriff’s deed on February 13, 1936. On December 11, 1935, the mortgagor sought to avail himself of the provisions of chapter 178, Laws 1935 (commonly known as the “Mortgage Moratorium Law”) and filed with the circuit court of…