First National Bank of Southeast Denver v. Blanding

Opinion by

Judge METZGER.

In this action to recover a deficiency judgment following a series of real property foreclosures, defendant, Ronald M. Blanding, appeals the order of the trial court striking his claims for damages based upon the bid submitted by plaintiff, First National Bank of Southeast Denver (the Bank), in one foreclosure sale. We affirm.

In July of 1986, the Bank loaned Blanding $2,400,000 evidenced by a promissory note (the principal note) and secured by a deed of trust against certain real property located in Arapahoe County. The note was subsequently modified to include, inter…