Farmers State Bank v. Slaubaugh

VANDE WALLE, Justice.

Howard J. Slaubaugh appealed from the district court’s order denying his motion to vacate an execution, levy, and notice of sale on a judgment against Slaubaugh. We affirm.

During 1980 and 1981 Howard J. Slau-baugh borrowed from the Farmers State Bank (hereinafter Bank) in Leeds, North Dakota, for his farming operation. To secure three promissory notes totaling $120,-035, Slaubaugh executed certain security agreements granting the Bank security interests in crops, livestock, and equipment owned or thereafter acquired by Slau-baugh. Slaubaugh failed to make payment in full…