(Download) "Farm Credit Bank Spokane v. John Wissel" by Supreme Court Of Idaho # Book PDF Kindle ePub Free

eBook details

Title: Farm Credit Bank Spokane v. John Wissel
Author : Supreme Court Of Idaho
Release Date : January 11, 1992
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 68 KB

Description

Prior to 1988, Farm Credit Bank of Spokane (FCB) took a first mortgage on a 1200 acre farm owned by Gem Mountain Farms, Inc. Gem Mountain had leased the farm to John and Clinton Wissel (Wissel), who farmed the land through their family corporation, W.W. Farms, Inc. Gem Mountain defaulted on its loan to FCB, and on December 28, 1988, delivered a deed to FCB in lieu of foreclosure. Gem Mountain also assigned its lessors interest in the Wissel lease to FCB. On December 30, 1988, the Wissels, as lessees, signed a document entitled "Notice of Assignment and Declaration of Interest," in which they acknowledged the assignment of Gem Mountains lessors interest to FCB and certified that: