Farm Credit Bank of Omaha v. Faught

NEUMAN, Justice.

This is the second round in an ongoing dispute between Farm Credit Bank of Oma ha and the Faught family over the bank’s effort to recoup losses stemming from the Faughts’ default on several sizable promissory notes. In an earlier appeal we held that the bank — which was granted judgment in rem upon foreclosure of mortgages securing this debt — was prevented from levying general execution on the defendants’ personal property. Federal Land Bank of Omaha v. Faught Bros., Inc., 468 N.W.2d 793, 795 (Iowa 1991) (hereinafter Faught I). While that appeal was pending, the bank brought…