Legal Opinion

Federal Land Bank of St. Paul v. Bosch

North Dakota Supreme Court

Decided December 6, 1988No. Civ. 870342PublishedCited by 12 opinions

1Opinion of the Court

LEVINE, Justice.

Peter F. Bosch appeals from a district court judgment granting the Federal Land Bank of St. Paul (the Bank) a foreclosure of its mortgage on Bosch’s farmland. We reverse.

On February 5, 1982, Bosch borrowed $110,000 from the Bank, and as security for that loan gave the Bank a mortgage on his farmland and buildings. Bosch failed to pay the February 1986 installment on the loan and also failed to pay the 1985 and 1986 real estate taxes on the mortgaged property. On May 14, 1986, the Bank rejected Bosch’s application for restructuring the loan. The Bank determined that Bosch was…

2Cases cited5 opinions

  1. Federal Land Bank of Saint Paul v. OverboeNorth Dakota Supreme Court · 1987
  2. Folmer v. StateNorth Dakota Supreme Court · 1984
  3. Union State Bank v. MillerNorth Dakota Supreme Court · 1983
  4. Harper v. Federal Land Bank of SpokaneDistrict Court, D. Oregon · 1988
  5. McGovern v. Federal Land BankSupreme Court of Minnesota · 1941

3Cited by12 opinions

  1. Harper v. Federal Land Bank of SpokaneCourt of Appeals for the Ninth Circuit · 1989
  2. Farm Credit Bank of St. Paul v. HuetherNorth Dakota Supreme Court · 1990
  3. State Ex Rel. Farm Credit Bank v. District Court of the Third Judicial DistrictMontana Supreme Court · 1994
  4. Farm Credit Bank of Spokane v. ParsonsDistrict Court, D. Montana · 1990
  5. Western Farm Credit Bank v. PrattCourt of Appeals of Utah · 1993

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