Federal Land Bank of Omaha v. Dunkelberger

HAYDEN, Judge.

This mortgage foreclosure action was commenced in 1985. Litigation involving this action has previously been before this court, federal district court, and bankruptcy court. We will only discuss the facts and proceedings applicable to the issues before us now.

Harold and Nanette Dunkelberger borrowed money from the Federal Land Bank of Omaha, now known as the Farm Credit Bank of Omaha (the Bank). The loan was secured by a mortgage on their farm. The mortgage included rents and profits from the real estate. Dunkelbergers became delinquent in their loan payments, and in 1985 the…