Norwest Bank Des Moines, National Ass'n v. Bruett

HABHAB, Judge.

The real estate which is the subject of this action was mortgaged by defendants Bruetts to Norwest on October 11,1983, to secure the Bruetts’ obligations to Norwest that totaled, at the time of the petition, in excess of $150,000. The mortgage executed by the Bruetts to Norwest contained the following language:

Mortgagors hereby sells, conveys, and mortgages unto Mortgagee, and grants a security interest in ... all privileges, estates, rights and interests now or hereafter belonging or in any way pertaining to the Land....

At any time after the commencement of an action in…