Mid-American National Bank & Trust Co. v. Gymnastics Internat'l, Inc.

Defendant-appellant, Westgate Health Foods, Inc., appeals the August 3, 1981, decision of the Lucas County Court of Common Pleas which granted the motion of plaintiff-appellee, Mid-American National Bank & Trust Co., for summary judgment as to the validity of its mortgage dated November 10, 1976.

Gymnastics International, Inc., obtained several loans from Mid-American National Bank. These loans were secured by a mortgage on the real estate which is the subject of the case sub judice. Said mortgage was filed November 12, 1976. Subsequently, Gymnastics International, Inc., failed to make certain…