Home Federal Savings & Loan Ass'n of Sioux Falls v. First National Bank in Sioux Falls
South Dakota Supreme Court
1Opinion of the Court
MILLER, Justice.
E. Jeanette Anderson (Jeanette) appeals from a summary judgment granted in favor of First Bank of South Dakota (First Bank). We affirm.
In 1978, Jeanette’s husband Cecil L. Anderson (Cecil) mortgaged the couple’s home. This mortgage, in the amount of $80,000, was given to First Federal Savings and Loan Association of Sioux Falls, South Dakota. Later, First Federal Savings and Loan merged with Home Federal Savings and Loan of Sioux Falls (Home Federal) whereunder Home Federal acquired all assets, including the Anderson mortgage. Although the property was titled in Cecil’s name…
2Cases cited5 opinions
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