O'Neill Production Credit Ass'n v. Mitchell

Caporale, District Judge.

The defendants-appellants, Larry D. and JoAnn Mitchell, husband and wife, and Larry’s parents, Adrian L. and Eva L. Mitchell, husband and wife, are land contract vendees. The plaintiff-appellee, O’Neill Production Credit Association (Association), sought foreclosure of a lien claimed to have arisen by virtue of an assignment by the Mitchells of their interests in the land contract to the Association. The trial court found that a lien had been created and decreed foreclosure. For the reasons which follow, we affirm in part and reverse in part.

This is an action in…