City of St. Paul ex rel. Housing & Redevelopment Authority v. St. Anthony Flats Ltd. Partnership

OPINION

CRIPPEN, Judge.

Appellant City of St. Paul Housing and Redevelopment Authority, a mortgagee, challenges the trial court’s summary judgment for respondent St. Anthony Flats Limited Partnership, the mortgagor, in an action initiated by appellant to collect on a $200,000 note. The trial court ordered judgment upon determining that appellant had elected the remedy of mortgage redemption and could not thereafter hold respondent personally liable on the note.

FACTS

St. Anthony owned a building in St. Paul encumbered by three mortgages. The first and third mortgages, in favor of Drovers First…