Mergenthal v. Star Banc Corp.
Ohio Court of Appeals
1Opinion of the Court
Powell, Judge.
Plaintiffs-appellants, David and Marie Mergenthal, appeal a decision of the Warren County Court of Common Pleas granting summary judgment to defendant-appellee, Star Banc Corporation. We affirm.
Appellants borrowed $315,000 from appellee and executed an open-end mortgage on their property on February 4, 1989. The property is a truck stop in Franklin, Ohio, that consists of a cement block building, a metal deck building, and a metal canopy. The mortgage states: “Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire,…
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