Lawson v. Estate of Slaybaugh

NUGENT, Judge.

This is an appeal on behalf of the plaintiff, Charles E. Lawson, from the judgment of the circuit court, probate division, which held that Mr. Lawson’s claim for $12,500.00 plus interest against the estate of Randall D. Slaybaugh would be allowed as an unsecured fifth class creditor and not as a secured claim. We affirm.

On July 12, 1979, Mr. Lawson filed his claim for $12,500.00 and accrued interest of $1,311.78 due on Slaybaugh’s promissory note which Mr. Lawson alleged was secured by an assignment of a deed of trust on farm property owned by Clarence D. Leimkiller and Maxine…