STATE OF MINNESOTA

IN COURT OF APPEALS

C1-02-1747

Bank Midwest, Minnesota, Iowa, N.A.,

Appellant,

vs.

Jerome Lipetzky, et al.,

Respondents,

James Lipetzky, et al.,

Respondents.

Filed May 20, 2003

Affirmed in part, reversed in part, and remanded

Harten, Judge

Dissenting, Minge, Judge

Redwood County District Court

File No. C0-01-236

Michael S. Dove, Peter D. Favorite, Gislason & Hunter LLP, 2700 South Broadway, P.O. Box 458, New Ulm, MN 56073 (for appellant)

John H. Schnobrich, Jennifer L.J. Gilk, Estebo, Schnobrich, Frank & Gilk, Ltd., 315 South Washington Street, P.O. Box 377, Redwood Falls, MN 56283 (for respondents Jerome Lipetzky, et al.)

Thomas W. Van Hon, 19 Southeast Second Avenue, P.O. Box N, Fairfax, MN 55332 (for respondents James Lipetzky, et al.)