Lease Finance Inc. v. Cohen

VAN CISE, Judge.

Defendants, Stephen J. and Carol Ann Cohen, appeal from a judgment in favor of plaintiff, Lease Finance Incorporated (Lease Finance), holding that it may sell the Cohens’ property in execution of its judgment. We affirm.

The stipulated facts are as set forth below. In 1977, Edward G. Clements acquired record title to certain land and improvements in Arapahoe County, Colorado. At that time, a deed of trust to the property for the benefit of Columbia Savings and Loan Association (Columbia) to secure a $119,200 note was signed and recorded. Between March 1978 and October 1979,…