Lewis Roy Motors, Inc. v. Pontier

FRUGE, Judge.

Aloysius Pontier, the defendant-appellant, perfected this suspensive appeal after suffering a default judgment against him, which judgment was a deficiency judgment obtained by the plaintiff, Lewis Roy Motors.

From the record the facts in this case appear to be substantially as follows:

The defendant-appellant executed a chattel mortgage and promissory note in favor of Commercial Securities Exchange Corpo*424ration in the amount of $2,549.20. The note is a standard form in which there is provision for acceleration of the installments and maturity of the entire note in default of…