Federal Land Bank of Omaha v. Fuoss

Edwin Fuoss and Sherilyn Fuoss (Fuoss) appeal from a judgment by the district court granting to the Farmers Home Administration (FmHA), as junior mortgagee, the right to redeem farmland previously owned by Fuoss and sold at sheriff’s sale. The order of district court also set the amount necessary for redemption from FmHA by Fuoss.

On appeal, Fuoss argues that (1) the attempted redemption by FmHA, ten months after sheriff’s sale, was untimely under Iowa Code sections 628.5 and .15 (1985); (2) Fuoss should have been permitted to redeem one of the two parcels of land, which had been sold…