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DONOVAN v. FARMERS HOME ADMIN.

No. 93-1168.

19 F.3d 1267 (1994)

William DONOVAN, Kevin Vandermay, Mark Vandermay, Francis Vandermay, Plaintiffs, v. FARMERS HOME ADMINISTRATION, Defendant-Appellee, Anne E. Putnam, Defendant-Appellant, Putnam Ranches, Inc., and Maran, Inc., Defendants.

United States Court of Appeals, Eighth Circuit.

Decided March 28, 1994.

Attorney(s) appearing for the Case

Wally Eklund, Gregory, SD, argued, for appellant.

Robert Mandel, Asst. U.S. Atty., Rapid City, SD, argued, for appellee.

Before RICHARD S. ARNOLD, Chief Judge, WOLLMAN, and LOKEN, Circuit Judges.

LOKEN, Circuit Judge.

Plaintiffs graze livestock on ranch property located in Bennett and Todd Counties, South Dakota. The ultimate question in this interpleader action is whether plaintiffs should pay grazing fees to the current owner of that property, appellant Anne E. Putnam, or to appellee Farmers Home Administration ("FmHA"), which claims a mortgage lien. The issue on appeal is whether FmHA's junior mortgage lien survived a foreclosure sale and Putnam's exercise...

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