Pioneer Credit Co. v. Medalen

PEDERSON, Justice.

This is an appeal by John Medalen from a summary judgment entered by the district court of Ward County. We affirm.

Medalen’s daughter and son-in-law, Joanne and Walter Rockvoy, were obligated on a promissory note to Pioneer Credit Company. The Rockvoys failed to make payment and Pioneer began foreclosure proceedings against Rockvoy property. The Rockvoys signed a confession of judgment but asked Pioneer to accept a personal guarantee in exchange for withholding execution on the judgment. Pioneer agreed, and its attorneys drafted a “Guarantee of Payment” which John Medalen…