Legal Opinion

Federal Land Bank of Saint Paul v. Halverson

North Dakota Supreme Court

Decided July 31, 1986No. Civ. 11,123PublishedCited by 21 opinions

1Opinion of the Court

MESCHKE, Justice.

The Federal Land Bank of Saint Paul sued to foreclose its mortgage on the farm of Donald G. and Loma G. Halverson. Halversons admitted their default but pled affirmative defenses seeking either administrative forbearance under a Farm Credit Administration regulation, or judicial forbearance under the unique confiscatory-price defense statutes of North Dakota.

Upon the Bank’s motion and after exchange of affidavits and briefs, the trial court ordered summary judgment foreclosing the mortgage. We reverse and remand for trial of the forbearance defenses, holding that Halverson’s…

2Cases cited30 opinions

  1. Morton v. RuizSupreme Court of the United States · 1974
  2. United States v. CaceresSupreme Court of the United States · 1979
  3. American Farm Lines v. Black Ball Freight ServiceSupreme Court of the United States · 1970
  4. Asbury Hospital v. Cass CountySupreme Court of the United States · 1945
  5. Charles Stinson Smith and Jimmie Dean Smith v. Russellville Production Credit AssociationCourt of Appeals for the Eleventh Circuit · 1985

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3Cited by21 opinions

  1. Livingood v. MeeceNorth Dakota Supreme Court · 1991
  2. Federal Land Bank of Saint Paul v. OverboeNorth Dakota Supreme Court · 1987
  3. Hillesland v. Federal Land Bank Ass'n of Grand ForksNorth Dakota Supreme Court · 1987
  4. Federal Land Bank of St. Paul v. LillehaugenNorth Dakota Supreme Court · 1987
  5. Federal Land Bank of St. Paul v. AsbridgeNorth Dakota Supreme Court · 1987

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