In the Matter of Merlyn W. Rieber and Sharon K. Rieber, Engaged in Farming, Debtors. Griswold State Bank v. Merlyn W. Rieber and Sharon K. Rieber

Petitioners, the Riebers, appeal the order of the United States District Court for the Southern District of Iowa 1 granting respondent Griswold State Bank (the Bank) a perfected security interest in the Riebers’ farm equipment and products. We agree with the reasoning of the district court and affirm its order.

The Riebers are Iowa farmers who have had an ongoing debtor-creditor relationship with the Bank for a number of years. The Bank has claims totaling $720,802.33 secured by the Riebers’ farm equipment and products. On April 11, 1974, the Bank filed, in Pottawattamie County, a financing…