Federal Land Bank of St. Paul v. Bergquist
North Dakota Supreme Court
1Opinion of the Court
MESCHKE, Justice.
Harold J. Bergquist appealed from a deficiency judgment following foreclosure of a mortgage on his farmland. We reverse and remand for a new jury trial.
Bergquist defaulted on a note to the Federal Land Bank of St. Paul [the Bank] which was secured by a mortgage on his farmland in Walsh County. The Bank foreclosed its mortgage and the land was sold for $139,000 at a sheriffs sale.
The Bank then sued separately for a deficiency judgment, asserting that a balance of $138,160.55 remained due after the sheriffs sale. Pursuant to Section 32-19-06, N.D.C.C., a jury trial was held to…
2Cases cited9 opinions
- North American Pump Corp. v. Clay Equipment Corp.North Dakota Supreme Court · 1972
- Ferderer v. Northern Pacific Railway Co.North Dakota Supreme Court · 1950
- First State Bank of Cooperstown v. IhringerNorth Dakota Supreme Court · 1974
- First Wisconsin National Bank v. KSW Investments Inc.Wisconsin Supreme Court · 1976
- Estate of Zins Ex Rel. Kelsch v. ZinsNorth Dakota Supreme Court · 1988
4 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Fayette County National Bank v. LillyWest Virginia Supreme Court · 1997
- Brunsoman v. ScarlettNorth Dakota Supreme Court · 1991
- First State Bank of New Rockford v. AndersonNorth Dakota Supreme Court · 1990
- Freyer v. FreyerNorth Dakota Supreme Court · 1988
- Douglas County Bank & Trust Co. v. StamperNebraska Supreme Court · 1993
7 more not listed; retrieve them via the Exa API.