Krueger v. Washington Federal Savings Bank of Montevideo

OPINION

SEDGWICK, Judge.

This appeal is from the trial court’s order denying appellants’ motion for a temporary injunction restraining respondent from foreclosing on its mortgage and requiring it to mediate under the Farmer-Lender Mediation Act. We affirm.

FACTS

In June, 1976, First Federal Savings and Loan loaned appellant North Star Seed Company (“North Star”) $250,000. Appellants Lester and Rosemary Krueger (the “Kruegers”), who own North Star, cosigned the loan. First Federal Savings and Loan later merged into respondent Washington Federal Savings Bank of Montevideo (“Washington Federal”).

The…