Legal Opinion
Ohio Savings Assn. v. Cortell
Ohio Court of Appeals
Decided May 13, 1985No. 49029PublishedCited by 6 opinions
1Opinion of the CourtNahRA, J.
On November 7, 1978, Karl O. Koch and Sandra L. Koch executed an Open-End Mortgage Note (“Note”) in which they promised to pay $75,000 plus interest to the order of the Ohio Savings Association (“Ohio Savings”), appellee. On November 29,1978, Ralph Cortell, appellant, signed a contract 1 guaranteeing payment of the Note. This guarantee was a condition precedent to the loan funds being made available to the Kochs.
By letter dated September 13,1983, Ohio Savings notified Cortell that the Kochs had defaulted in the payment of their loan and that it was looking to him as guarantor for payment in…
2Cases cited5 opinions
- Hopkins v. First National Bank at BrownsvilleTexas Supreme Court · 1977
- Commerce Union Bank v. Burger-In-A-Pouch, Inc.Tennessee Supreme Court · 1983
- Galloway v. Barnesville Loan, Inc.Ohio Court of Appeals · 1943
- Shearson, Hayden & Stone, Inc. v. SteinerOhio Court of Appeals · 1979
- Vroman v. HalishakOhio Court of Appeals · 1984
3Cited by6 opinions
- Campco Distributors, Inc. v. FriesOhio Court of Appeals · 1987
- Stone v. National City BankOhio Court of Appeals · 1995
- Shore West Construction Co. v. SrokaOhio Supreme Court · 1991
- JP Morgan Chase Bank, N.A. v. Earth Foods, Inc.Appellate Court of Illinois · 2008
- JP Morgan Chase Bank, N. A. v. Earth Foods, Inc.Appellate Court of Illinois · 2008
1 more not listed; retrieve them via the Exa API.