Poulos Investment, Inc. v. Mountainwest Savings & Loan Ass'n

BROWN, Justice. ,

The county court determined that a mortgage securing a loan represented by a promissory note was security for the principal amount of the note and also the interest that accrued on the principal. The district court sitting as an intermediate court of appeal affirmed the county court.

Appellant identifies the issues as:

“1. Were the findings of fact by the lower courts supported by the evidence, or were they contrary to the clear weight .of the evidence and clearly erroneous?

“a) Did the procedure of the defendant-appellee of charging interest ‘payable monthly’ to the principal…