Citizens Financial Services, FSB v. Innsbrook Country Club, Inc.
Indiana Court of Appeals
1Opinion of the Court
OPINION
SHARPNACK, Judge.
In this interlocutory appeal, Citizens Financial Services, FSB ("Citizens") appeals the trial court's denial of its petition for appointment of a receiver for mortgaged real estate. 1 Citizens raises three issues, which we consolidate and restate as whether the trial court abused its discretion by denying Citizens' petition for appointment of a receiver. We reverse and remand. 2
The . relevant facts follow. Citizens made two loans to Innsbrook Country Club, Inc. ("Innsbrook"). The first loan was on a promissory note, dated September 28, 2001, that after some…
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