First Federal Savings & Loan Ass'n v. Strub

WUEST, Chief Justice.

Appellants, Michael D. Strub and Rosemarie Strub (Strubs), appeal a trial court order granting Phil Pridham (Pridham) relief from a default judgment. We reverse and remand.

This appeal arises out of a real estate foreclosure action brought by First Federal Savings & Loan Association (First Federal) against the Strubs. On March 14, 1980, the Strubs executed and delivered to First Federal a mortgage and a promissory note in consideration for a loan, the proceeds of which were used to purchase a home. The Strubs’ home was one of two model homes built by Pridham in the Elk…