Bank of Papillion v. Ky Thi Nguyen

Defendants-appellants, Ky Thi Nguyen and Khoi Dinh Hoang, filed an appeal from a deficiency judgment under the Nebraska Trust Deeds Act (Act), Neb. Rev. Stat. §§ 76-1001 to 76-1018 (Reissue 1990, Cum. Supp. 1992 & Supp. 1993), entered by the district court for Douglas County in favor of the plaintiff-appellee, Bank of Papillion (Bank). Because we determine that the deficiency claim was barred by the statute of limitations set forth in § 76-1013, we reverse the judgment and remand the cause to the district court with directions to dismiss.

FACTS

On November 20, 1990, appellants (and two other…