Travelers Indemnity Co. v. Heim

Arthur and Melva Heim appeal the judgment of the district court for Kimball County confirming a sheriff’s sale held in connection with foreclosure of a mortgage given by Heims to Travelers Indemnity Company (Travelers). We affirm.

On April 21, 1976, Heims gave their promissory note to Travelers in the amount of $400,000. As security for payment of their note, Heims also executed a real estate mortgage in favor of Travelers. Upon Heims’ default in payment on the note, Travelers commenced suit on May 21, 1979, to foreclose the mortgage. A decree of foreclosure was entered on July 30, 1982. In…