Legal Opinion

Vanek v. Indiana National Bank

Indiana Supreme Court

Decided March 22, 1990No. 49S02-9003-CV-220PublishedCited by 7 opinions

1Per curiam

On February 19, 1982 C. Vanek and R. Raymond Caric entered into a security agreement with Indiana National Bank (INB) under the name The Brothers Inc. for purposes of securing a $50,000.00 loan. Simoney and Fred Vanek also signed an unconditional guaranty for payment of the loan if The Brothers failed to make payment. Simoney executed a mortgage on her residence as security for the guaranty. The Brothers did default on the loan, and INB filed a complaint seeking foreclosure on Simoney's mortgage and a deficiency judgment. The trial court entered judgment against Simoney ordering foreclosure,…

2Cases cited1 opinion

  1. Vanek v. Indiana National BankIndiana Court of Appeals · 1989

3Cited by7 opinions

  1. First Indiana Bank, a Federal Savings Bank v. David J. BakerCourt of Appeals for the First Circuit · 1992
  2. Jackson v. Luellen Farms, Inc.Indiana Court of Appeals · 2007
  3. In Re Richard C. Barnes, Debtor. Appeal of Thomas J. VankirkCourt of Appeals for the Seventh Circuit · 2002
  4. Moore v. Wells Fargo ConstructionIndiana Court of Appeals · 2009
  5. Walker v. McTagueIndiana Court of Appeals · 2000

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