New Maine National Bank v. Gendron
District Court, D. Maine
1Opinion of the Court
ORDER GRANTING MOTION FOR SUMMARY JUDGMENT OF PLAINTIFF NEW MAINE NATIONAL BANK
GENE CARTER, Chief Judge.
This case is based on a dispute arising from a loan transaction that Defendants John and Elizabeth Gendron (hereinafter “Defendants” or “the Gendrons”) entered into with old Maine National Bank (hereinafter “OMNB”). The transaction involved a note for $175,619 and a mortgage on the Gendrons’ home securing that note. The Gendrons attempted to rescind the transaction on July 9, 1990.
On July 27, 1990, OMNB filed a Complaint in this Court, seeking a declaratory judgment that the Gendrons were…
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