Legal Opinion

Federal Land Bank of Saint Paul v. Overboe

North Dakota Supreme Court

Decided April 16, 1987No. Civ. 11129PublishedCited by 43 opinions

1Opinion of the Court

GIERKE, Justice.

The Federal Land Bank of Saint Paul [FLB or Bank] appeals from a district court judgment which denied foreclosure of its mortgage on the farmland of David and Debora Overboe and ordered that the principal and interest owing on the underlying obligation be reamortized over the longest period allowed under FLB regulations. We affirm, but modify the judgment by striking the order that the loan be reamortized.

The Overboes executed a mortgage to FLB during December 1979. The principal sum of the underlying promissory note was $285,000, and payments were due on July 1 of every year…

2Cases cited24 opinions

  1. Universal Camera Corp. v. National Labor Relations BoardSupreme Court of the United States · 1951
  2. Eva Mae Roberts, on Behalf of Herself and All Others Similarly Situated v. Cameron-Brown Company and Federal National Mortgage AssociationCourt of Appeals for the Fifth Circuit · 1977
  3. Bye v. ElvickNorth Dakota Supreme Court · 1983
  4. Brown v. LynnDistrict Court, N.D. Illinois · 1975
  5. George W. Bowling v. John R. BlockCourt of Appeals for the Sixth Circuit · 1986

19 more not listed; retrieve them via the Exa API.

3Cited by43 opinions

  1. Wells Fargo Home Mortgage, Inc. v. NealCourt of Appeals of Maryland · 2007
  2. Pfeifer v. Countrywide Home Loans, Inc.California Court of Appeal · 2012
  3. Hillesland v. Federal Land Bank Ass'n of Grand ForksNorth Dakota Supreme Court · 1987
  4. Production Credit Ass'n of Fargo v. IstaNorth Dakota Supreme Court · 1990
  5. Harper v. Federal Land Bank of SpokaneCourt of Appeals for the Ninth Circuit · 1989

38 more not listed; retrieve them via the Exa API.

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