Christensen v. Munns

OPINION

JACKSON, Judge:

Appellants appeal from a judgment on a promissory note awarding appellee principal, compound interest, and attorney fees. We reverse and remand on the interest issue and decline to reach the issues of failure of consideration and attorney fees.

FACTS

The facts which are material to this appeal are not disputed. Appellants made, executed and delivered to appellee a document prepared by typing information on a preprinted promissory note form. The printed language on the form contained standard note provisions. The document was dated March 26, 1981 and stated that for value…