Foreclosure.

Byline: Derek Hawkins

WI Court of Appeals District III

Case Name: Laona State Bank v. Blake Bocek, et al.

Case No.: 2017AP1659

Officials: Stark, P.J., Hruz and Seidl, JJ.

Focus: Foreclosure

Laona State Bank (the Bank) appeals a judgment dismissing its foreclosure claim against Blake and Holly Bocek. While Blake was a minor, Holly was appointed as his special guardian. The letters of special guardianship granted Holly a single power: to obtain a mortgage loan on real estate that had been transferred to Blake for the purpose of improving the property. We agree with the circuit court that the Bank has failed to demonstrate compliance with the provisions of WIS. STAT. ch. 786 (2015-16), relating to the disposition of a ward's real property. Accordingly, the court properly concluded the mortgage was invalid and dismissed the foreclosure action...