Blue Grass Savings Bank
v.
Community Bank & Trust Company
The defendant appeals from the district court’s order granting summary judgment in favor of the plaintiff in a foreclosure action concerning priority of mortgages. The defendant argues the district court erred in finding plaintiff’s mortgage secured all debts due to plaintiff in excess of the maximum obligation limit contained in the mortgage. The defendant further argues the district court erred in awarding default interest at eighteen percent.
County:
Muscatine
Trial Court Case No.:
EQCV024741
Appellee
Blue Grass Savings Bank
Appellant
Community Bank & Trust Company
Attorney for the Appellee
Richard A. Davidson
Attorney for the Appellant
H. Raymond Terpstra II
Supreme Court
Oral Argument Schedule
15-15-5
Feb 11, 2020 9:00 AM
Briefs
Supreme Court Opinion
Opinion Number:
19-0657
Date Published:
Mar 27, 2020