Legal Opinion
AMERICAN STATE BANK AND TRUST COMPANY OF WILLISTON v. Sorenson
North Dakota Supreme Court
Decided October 31, 1995No. Civ. 950093PublishedCited by 16 opinions
1Opinion of the Court
MESCHKE, Justice.
Tom Sorenson appealed from a summary judgment for American State Bank & Trust Company of Williston (Bank) on a promissory note. We affirm.
On July 8, 1985, Sorenson and his wife, Joni, executed a promissory note for $29,-150.74 to the Bank that employed Joni. The Sorensons agreed to pay $400 monthly for three years, and to make a balloon payment of $25,339.38 on July 5,1988. The Sorensons secured the note with their 1982 Rollohome and 1981 car. The Sorensons’ note authorized the Bank: “If I am in default on this note, you may: (a) accelerate the due date of the note total,…
2Cases cited12 opinions
- First National Bank of Hettinger v. ClarkNorth Dakota Supreme Court · 1983
- Hummel v. Mid Dakota Clinic, P.C.North Dakota Supreme Court · 1995
- United States of America, Appellee/cross-Appellant v. Leon G. Feterl, Appellant/cross-AppelleeCourt of Appeals for the Eighth Circuit · 1988
- Kemp v. City of Grand ForksNorth Dakota Supreme Court · 1994
- McCarty v. GoodsmanNorth Dakota Supreme Court · 1918
7 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- BTA Oil Producers v. MDU Resources Group, Inc.North Dakota Supreme Court · 2002
- Wells v. First American Bank WestNorth Dakota Supreme Court · 1999
- Messer v. BenderNorth Dakota Supreme Court · 1997
- Smither v. Asset Acceptance, LLCIndiana Court of Appeals · 2010
- Overboe v. Farm Credit Services of FargoNorth Dakota Supreme Court · 2001
11 more not listed; retrieve them via the Exa API.