Federal Land Bank of Omaha v. Felt
South Dakota Supreme Court
1Opinion of the Court
WOLLMAN, Justice.
Plaintiff, the Federal Land Bank of Omaha (Land Bank) commenced a mortgage foreclosure action against Iven L. Felt and Wilma Felt (the Felts), mortgagors, and certain other parties holding interests inferior to that of Land Bank. The circuit court entered summary judgment granting foreclosure of the real estate mortgage and dismissed the Felts’ counterclaims. The Felts alone have appealed. We affirm.
The real estate mortgage in question was given as security for the Felts’ promissory note in the amount of $150,000.00 and covered approximately 2,557 acres of land in Harding and…
2Cases cited16 opinions
- Wilson v. Great Northern Railway CompanySouth Dakota Supreme Court · 1968
- Federal Land Bank v. PriddySupreme Court of the United States · 1935
- Hughes-Johnson Co. v. Dakota Midland HospitalSouth Dakota Supreme Court · 1972
- K/O Ranch, Inc. v. Norwest Bank Of The Black HillsCourt of Appeals for the Eighth Circuit · 1984
- Northwest South Dakota Production Credit Ass'n v. DaleSouth Dakota Supreme Court · 1985
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3Cited by5 opinions
- Farm Credit Bank of St. Paul v. RubNorth Dakota Supreme Court · 1992
- Federal Land Bank of Saint Paul v. GefrohNorth Dakota Supreme Court · 1986
- Federal Land Bank of Saint Paul v. BrakkeNorth Dakota Supreme Court · 1989
- Farm Credit Bank of St. Louis v. SchwarmAppellate Court of Illinois · 1993
- First National Bank v. FeltSouth Dakota Supreme Court · 1985