Aetna Finance Co. v. Summers

COYTE, Judge.

Plaintiff appeals from a judgment of the trial court dismissing its complaint on a promissory note and security agreement. We affirm.

The facts as stated herein are undisputed. Defendant executed a note, with an acceleration clause, repayable to plaintiff in monthly installments. The note also contained a provision that plaintiff would acquire a security interest in certain household goods and furnishings described therein.

Defendant failed to make two consecutive payments on the note, whereupon plaintiff sent to defendant, by certified mail, return receipt requested, a notice of…