Legal Opinion

Farm Credit Services of Mid-America, ACA v. Unsupervised Administration of the Estate of Mitchell

Indiana Court of Appeals

Decided June 26, 2003No. 41A04-0210-CV-497Published

1Opinion of the Court

OPINION

KIRSCH, Judge.

Farm Credit Services of Mid-America, FLCA (“FCS”) appeals from the probate court’s ruling in favor of the Norman B. Mitchell Estate (“the Estate”) that the security agreement and financing statement between FCS and the Estate failed to create an enforceable security interest in the crop collateral given the inadequacy of the description of the land concerned.

We affirm.

FACTS AND PROCEDURAL HISTORY

The facts most favorable to the ruling reveal that on January 31, 2001, Norman Mitchell executed a promissory note with FCS promising to repay the amount of $25,550.00 to FCS. The…

2Cases cited2 opinions

  1. Gibson County Farm Bureau Cooperative Ass'n v. GreerIndiana Supreme Court · 1994
  2. Pioneer Hi-Bred International, Inc. v. Keybank National Ass'nIndiana Court of Appeals · 2001

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