Love v. United States

MEMORANDUM

HATFIELD, District Judge.

The plaintiffs, Clinton W. and Rose Mary Love, are farmers who obtained numerous agricultural loans from the Farmers Home Administration (“FmHA”), under the Consolidated Farm and Rural Development Act (“CFRDA”), 7 U.S.C. §§ 1921 et seq. (1982); loans purportedly secured by security agreements and mortgages on the personal and real property of the Loves. When the Loves defaulted upon the loan obligations, the FmHA foreclosed upon the security agreements, repossessing certain machinery and livestock critical to the Loves’ operation.

The Loves instituted the…