Hart v. DeLowe Partners, Ltd.

Shulman, Judge.

Nonresident appellants, the Quistgaards, executed a promissory note in favor of appellee-DeLowe Partners, Ltd., to purchase apartment property. The indebtedness was secured by a deed on the property. This property was subsequently sold to Areawide Enterprises, Inc. As a part of the sales agreement, Areawide assumed and agreed to pay appellant’s outstanding indebtedness against the property, evidenced by the above-mentioned note and deed to secure debt. Upon Areawide’s default, appellee brought suit against the appellants as original makers to enforce the original obligation,…