Legal Opinion
Blue Grass Savings Bank v. Community Bank & Trust Company
Supreme Court of Iowa
Decided March 27, 2020No. 19-0657Published
1Opinion of the Court
IN THE SUPREME COURT OF IOWA No. 19–0657 Filed March 27, 2020 BLUE GRASS SAVINGS BANK, Appellee, vs. COMMUNITY BANK & TRUST COMPANY, Appellant. Appeal from the Iowa District Court for Muscatine County, John D. Telleen, Judge. A subsequent lienholder appeals a foreclosure decree giving priority under a future-advances clause to the full amount of credit extended by the first lienholder rather than the maximum amount set forth in the notice provision of the first lienholder’s mortgage. DISTRICT COURT JUDGMENT REVERSED AND CASE REMANDED. H. Raymond Terpstra II of Terpstra & Epping, Cedar Rapids,…
2Cases cited14 opinions
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- Amended September 30, 2015 Iowa Insurance Institute, Iowa Defense Counsel Association, Iowa Self-insurers' Association, Property Casualty Insurers Association of America, National Association of Mutual Insurance Companies, and Iowa Association of Business and Industry v. Core Group of the Iowa Association for Justice Christopher J. Godfrey, Workers' Compensation Commissioner, Division of...Supreme Court of Iowa · 2015
- State of Iowa v. Daimonay Darice RichardsonSupreme Court of Iowa · 2017
- Freese Leasing, Inc. v. Union Trust & Savings Bank, StanwoodSupreme Court of Iowa · 1977
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