Baker v. Martin

BERRY, Justice.

The issue presented herein is whether date trial court entered judgment on promissory note and foreclosed mortgage given to secure note, or date of deficiency judgment, is date of judgment for purposes of dormancy statute [12 O.S.1971 § 735],

Defendants Martin and others executed promissory note for $90,000 payable to plaintiffs. To secure payment defendants executed purchase money real estate mortgage.

Defendants defaulted on note and plaintiffs brought action for judgment on note and foreclosure of mortgage. On March 20, 1964, trial court entered judgment against defendants for…