Tran v. Richfield Bank & Trust Co.
Court of Appeals of Minnesota
1Opinion of the Court
OPINION
RANDALL, Judge.
This is an appeal from a summary judgment awarding respondent treble damages for including delinquent real estate taxes as costs and disbursements in a foreclosure affidavit. We reverse.
FACTS
In 1984, respondent executed two mortgages in favor of appellant Richfield Bank & Trust (the Bank), with commercial property as security. The first mortgage was in the amount of $300,000 and the second mortgage was in the amount of $60,000. In October of 1986, respondent defaulted *152on both mortgages, with $296,158.68 due on the first mortgage and $58,979.54 due on the second mortgage.…
2Cases cited2 opinions
- Betlach v. Wayzata CondominiumSupreme Court of Minnesota · 1979
- Hobe v. SwiftSupreme Court of Minnesota · 1894
3Cited by1 opinion
- Holiday Recreational Industries, Inc. v. Manheim Services Corp.Court of Appeals of Minnesota · 1999