United States v. McConkey

TRASK, Circuit Judge:

The United States brings this appeal from an adverse judgment in its action for foreclosure of a mortgage on real property located in Elmore County, Idaho, or, in the alternative, for the declaration of an equitable lien against the property. Federal jurisdiction is conferred under 28 U.S.C. § 1345.

On November 10, 1964, J. D. Caradine executed and delivered a promissory note and mortgage as evidence of and security for a loan in the amount of $4300 made to him by appellant, acting through Farmers Home Administration. The loan was made for the purpose of making home…