Legal Opinion
Federal Savings & Loan Ins. Corp. v. Treaster
Court of Appeals of Kansas
Decided February 24, 1989No. 62,549PublishedCited by 2 opinions
1Opinion of the Court
Brazil, J.:
Federal Savings and Loan Insurance Corporation (FSLIC) appeals from a district court order extending the six-month statutory redemption period on mortgage foreclosures by 60 days.
Eldon and Betty Treaster renewed a note for $244,338.61 from First Federal Savings and Loan Association of Beloit, Kansas (First Federal). The note was secured by a mortgage on two tracts of land. The note was further secured by two security agreements which gave First Federal collateral in the two pieces of property. The Treasters defaulted under the terms of the renewal note. First Federal filed a…
2Cases cited15 opinions
- Stauth v. BrownSupreme Court of Kansas · 1987
- Arrowhead Construction Co. v. Essex Corp.Supreme Court of Kansas · 1983
- Henderson v. HassurCourt of Appeals of Kansas · 1977
- J. A. Tobin Construction Co. v. KempSupreme Court of Kansas · 1986
- Mutual Life Ins. Co. of New York v. ChambersAppellate Court of Illinois · 1980
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3Cited by2 opinions
- Farm Credit Bank of Wichita v. ZerrCourt of Appeals of Kansas · 1996
- Winters v. GNB Battery TechnologiesCourt of Appeals of Kansas · 1996