Milwaukee Western Bank v. Cedars of Cedar Rapids, Inc.

BECKER, Justice.

This case comes to us on appeal from an order refusing a post judgment application to extend time to redeem after a mortgage foreclosure. The order also dissolved a temporary injunction which had prohibited resale of the foreclosed property. The corporate defendant-mortgagor had made the application and secured the injunction. After hearing and adverse ruling, it appeals. We affirm, except as to allowance of attorney fees.

Defendant, The Cedars of Cedar Rapids, Inc., is a one-man Iowa corporation, wholly owned by Russell J. Lesperance. It was the sole owner and developer of a…