Bank of Steele v. Lang

ERICKSTAD, Chief Justice.

Ernest R. Lang appeals from the judgment entered by the District Court of Bur-leigh County granting the Bank of Steele a money judgment against Lang in default of payment of his promissory note and foreclosing the Bank’s security interest in Lang’s farm equipment, livestock, crops and proceeds, and also dismissing with prejudice Lang’s counterclaims against the Bank for fraud and violation of the corporate farming law, Chapter 10-06, N.D.C.C. We affirm.

On May 11, 1984, Lang executed a promissory note to the Bank of Steele for $140,-000.00. This note renewed Lang’s…