Laasalle Bank National Associationm v. Street, 08 Ca 60 (4-17-2009)

OPINION

{¶ 1} Appellants Michael and Michelle Street appeal the decision of the Court of Common Pleas, Licking County, which granted summary judgment to Appellee LaSalle Bank National Association in a foreclosure lawsuit. The relevant facts leading to this appeal are as follows.

{¶ 2} In April 2006, appellants purchased a home on North 11th Street, Newark, Ohio, and obtained an adjustable rate mortgage through Resmae Mortgage Corporation in the amount of $117,000.00. The beginning interest rate was 9.445%, resulting in a monthly payment of $979.11. Appellant Michael signed the promissory note…