First Federal Savings & Loan Ass'n v. Drake
Supreme Court of Arkansas
1Opinion of the Court
Steele Hays, Justice.
On March 18, 1986, the appellees, David K. Drake, Bettye J. Drake, Bob Berry, and Karin Berry executed a real estate mortgage to the appellant, First Federal Savings & Loan Association of Paragould. This mortgage was filed on July 31, 1986, in the Mortgage Records of Greene County, Arkansas. Paragraph 2(h)(7) of this mortgage provided that the maturity of the principal indebtedness which the mortgage secured could be accelerated by the appellant “if the mortgagor or assignee sells or conveys (or contracts to sell or convey) all or any part of the mortgage property without…
2Cases cited9 opinions
- 3-W Lumber Co. v. Housing AuthoritySupreme Court of Arkansas · 1985
- Sherman v. G & H TRANSPORTATION, INC.Supreme Court of Arkansas · 1985
- Tulio v. Arkansas Blue Cross & Blue Shield, Inc.Supreme Court of Arkansas · 1984
- Arkhola Sand & Gravel Co. v. HutchinsonSupreme Court of Arkansas · 1986
- Kilcrease v. ButlerSupreme Court of Arkansas · 1987
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3Cited by1 opinion
- Continental Ozark, Inc. v. LairCourt of Appeals of Arkansas · 1989