St. Agatha Federal Credit Union v. Ouellette

[¶ 1] St. Agatha Federal Credit Union (St.Agatha) appeals from the summary judgment entered in the District Court (Mada-waska, Daigle, J.) in favor of Robert and Theresa Ouellette. St. Agatha contends that the District Court erred in concluding as a matter of law that the 1988 mortgage, pursuant to which this foreclosure action was commenced, did not secure the 1994 note. Because a genuine issue of material fact exists as to the intent of the parties when the Ouellettes signed the 1994 note, and whether the 1994 note is secured by the 1988 mortgage, we vacate the District Court’s entry of the…