MIF Realty v. Pickett

SPINDEN, Judge.

William H. Pickett appeals the circuit court’s denial of his motion to revoke the receivership of commercial property he owned. We affirm.

On November 6, 1984, Pickett executed a promissory note to finance his purchase of an office building at 417 East 13th Street in Kansas City. He executed a first deed of trust and an assignment of rents agreement. The original lender was Safety Federal Savings and Loan which later merged with Home Federal Savings and Loan. Resolution Trust Corporation later assumed control of Home Federal, and MIF Realty acquired by assignment Pickett’s…