Usher v. Johnson

Pope, Judge.

Peoples Bank of Lyons (Bank), as holder of a note and security agreement executed by Huelda Usher on September 7, 1976, filed a petition to foreclose on its interest in a 1967 Yukon Delta Camper, alleging that Ms. Usher had defaulted in her payments under the agreement. Ms. Usher answered, admitting the execution of the note and security agreement, but contending that she had obtained credit disability insurance covering the indebtedness from Southern United Life Insurance Company (Southern), which should have paid the installments due the Bank but had failed to do even though a…