Geneva JPM 2003-PM1, LLC v. Geneva FSCX I, LLC

OPINION

HOOTEN, Judge.

This appeal concerns the meaning of the term “debt” as defined in a guaranty and associated loan documents. Appellant-creditor challenges the district court’s interpretation of a guaranty providing that respondents-guarantors are liable for “Ten Percent (10%) of the Debt under the Loan Documents.” Appellant foreclosed by action on certain real property and contends that respondents are liable under the guaranty for ten percent of the foreclosure judgments. Therefore, appellant argues, the district court erred by interpreting the guaranty to mean that respondents are…