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DIVERSIFIED MORTGAGE INVESTORS v. GEPADA, INC.

Civ. No. 74-33-W.

401 F.Supp. 682 (1975)

DIVERSIFIED MORTGAGE INVESTORS, Plaintiff, v. GEPADA, INC., et al., Defendants.

United States District Court, S. D. Iowa, W. D.

September 29, 1975.

Attorney(s) appearing for the Case

Carl K. Hoffman, Miami, Fla., Clark R. Irey, II, Omaha, Neb., Donald T. Steege, David F. McCann, Council Bluffs, Iowa, for plaintiff.

Samuel G. O'Brien, Des Moines, Iowa, Emmet Tinley, Council Bluffs, Iowa, for defendant Gepada, Inc.

Philip Willson and Frank W. Pechacek, Council Bluffs, Iowa, for defendant First National Bank of Council Bluffs and Iowa Power & Light Co.

Peter J. Peters, Council Bluffs, Iowa, for defendant Andersen Construction Co.

C. Adam Schulte, Council Bluffs, Iowa, for defendant Spener Restaurant Design, Inc.

F. J. Kraschel, Council Bluffs, Iowa, for defendant Interstate Electric Supply Co.

Jack W. Peters, Council Bluffs, Iowa, for defendant Receiver (for operation of Ramada Inns).

Lyle A. Rodenburg, County Atty., Council Bluffs, Iowa, for defendant Pottawattamie County, Iowa.

ORDER

HANSON, Chief Judge.

This action was commenced by plaintiff's filing of a "complaint for foreclosure of real estate mortgage" on August 21, 1974. The suit seeks foreclosure of a real estate mortgage given by defendant-mortgagor, Gepada, Inc., to the National Bank of Des Moines, which in turn assigned the mortgage to Diversified Mortgage Investors (DMI), the plaintiff herein. DMI is a Massachusetts business trust. Defendants are various entities from...

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