Crown Life Insurance Co. v. Haag Ltd. Partnership
Colorado Court of Appeals
1Opinion of the Court
Opinion by
Judge CRISWELL.
Defendants, Haag Limited Partnership and Rex. L. Haag (borrowers), appeal from the summary judgment entered in favor of plaintiff, Crown Life Insurance Company (lender). We affirm.
In 1979, borrowers and other parties (the Gashs) executed a promissory note payable to Mellon National Mortgage Company (Mellon). Borrowers were primarily hable on the note when it was executed. As security for payment of the note, borrowers and the Gashs executed a deed of trust on a parcel of property jointly owned by borrowers and the Gashs. Thereafter, Mellon assigned the note and deed…
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