National Credit Union Share Insurance Fund v. University Developers

ERICKSTAD, Chief Justice.

This is an appeal by the defendants (University Developers) from a summary judgment in favor of the plaintiff, National Credit Union Share Insurance Fund (National), dated October 14, 1982, permitting National to foreclose a real estate mortgage on the following property (Village Resubdi-vision):

“All of Block ‘B’, except Lots 12, 13, 14, 18, 19 and 20, Replat of Block 2, Village Resubdivision No. 2, Grand Forks, North Dakota, according to the Plat thereof on file in the Office of the Register of Deeds within and for Grand Forks County, N.D. and recorded in Book ‘152’…