Green v. Future Two

Opinion

WILLARD, J. *

Plaintiffs appeal from a judgment in their own favor on a promissory note and for foreclosure of the deed of trust securing the note. They contend (1) that the trial court erred in finding the note not to be exempt from usury restrictions, and (2) that they should have received more than 7 percent per annum interest from the date of maturity of the note to the date of the judgment. We find no error and affirm.

Facts

Respondents are four individuals who are general partners of “Future Two.” The partnership owned real property in Santa Barbara, including one parcel improved…