Legal Opinion

Federal National Mortgage Ass'n v. Chandkok

Louisiana Court of Appeal

Decided January 30, 1990No. 89-CA-0667PublishedCited by 3 opinions

1Opinion of the Court

BYRNES, Judge.

Purchasers of immovable property who assumed a mortgage appeal a summary judgment casting them for the balance due in an action by the holder of the promissory note.

On May 27, 1980 defendants, Surjit and Kaval Sethi executed a promissory note in the amount of $177,260 payable to Lau-rance Eustis Mortgagee Corporation (“LEMC”). On the same date the Sethis’ note was secured by a mortgage in favor of LEMC on 7720 North Coronet Court, property located in New Orleans East. Thereafter, LEMC assigned the note to Federal National Mortgage Association (“FNMA”) on June 6, 1980.

In March,…

2Cases cited7 opinions

  1. Knapp v. Chevron USA, Inc.Court of Appeals for the Fifth Circuit · 1986
  2. Good v. FiskLouisiana Court of Appeal · 1988
  3. Sellers v. SeligmanLouisiana Court of Appeal · 1985
  4. Amoco Production Company, and Texaco, Inc. v. Forest Oil CorporationCourt of Appeals for the Fifth Circuit · 1988
  5. GE Credit Corp. v. World Car CenterLouisiana Court of Appeal · 1987

2 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. Carr v. City of New OrleansLouisiana Court of Appeal · 1993
  2. Morella v. Board of CommissionersLouisiana Court of Appeal · 2004
  3. Jackson v. America's Favorite Chicken Co.Louisiana Court of Appeal · 2001

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