Menke v. First National Bank

Carley, Judge.

The issues presented for review in the three instant appeals are identical and involve the construction of the following acceleration provision of a promissory note: “Notwithstanding any other provisions of this note, holder must, before the exercise of his option to declare the entire remaining balance due and payable give maker written notice specifying the default and giving maker fifteen (15) days in which to cure said default. Said notice must be by certified *496mail addressed to the maker’s last address.” (Emphasis supplied.)

The question arises within the following undisputed…