Washington Federal Savings & Loan Ass'n v. Alsager

¶1 The terms of a binding agreement between parties are evidenced by their objective manifestation of mutual intent.1 Here, the promissory note and deed of trust that Dale and Betty Alsager signed evidence the terms and conditions of their loan transaction with the bank. We reject their claim that their loan application for a specific fixed-rate loan evidences a lack of a meeting of the minds for the loan terms. Moreover, they had no right to rely on oral representations by a notary public regarding the nature of the loan that conflicted with the written terms of the loan documents. The bank…