Grier v. M.H.C. Realty Corp.

JAMES C. DOWNEY, Circuit Judge.

This cause came on to be heard upon plaintiff’s motion for summary judgment and defendants’ motion for partial summary judgment.

The pleadings and affidavits on file in the cause reflect that plaintiff sold stock in certain corporations to defendant, M.H.C. Realty Corporation, for which said defendant executed a promis*185sory note in the amount of $577,316.81. The defendant, Mobile Home Communities, guaranteed said note. The note was secured by a mortgage on real property.

The promissory note contained a provision for acceleration of the entire indebtedness in the…