(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: