Utah State Employees Credit Union v. Riding

HENRIOD, Justice.

Appeal from a judgment vacating summary judgment and order for sale of property. Reversed, with costs to the plaintiff Credit Union.

The Credit Union made a loan to the Ridings, who executed a note and an assignment of their purchasers’ interest in a time-payment-real-estate contract, which latter was recorded on January 15, 1965. On March 6, 1965, the Ridings purportedly “assigned” their same rights in the same property to defendants Anderson. Such assignment was not recorded. On June 4, 1968, plaintiff sued Ridings to foreclose their interest because of default 1 in payments…