Supreme Court of Iowa October 14, 1941, No. 45692. (Guttenfelder v. Iebsen)

Garfield, J.

On March 1, 1939, defendants-appellees, who were husband and wife, were the owners of a farm of 120 acres in Cass county which they had occupied as their home for more than twenty years. On that date they executed two notes to ¥m. Guttenfelder for $3,300 and $6,200, respectively, due in ten years, bearing 3 percent interest, together with a mortgage upon the farm to secure the notes.