Riley v. West Kentucky Production Credit Ass'n

VANCE, Judge.

The question is whether appellee is entitled to recover attorneys’ fees for the collection of a note and the enforcement of a mortgage and a security agreement which secured the note.

Appellants executed their promissory note to appellee for $29,403.00. The note was secured by a mortgage on real property and a security agreement on farm machinery and tools. The note, the mortgage and the security agreement each contained a provision for the payment of reasonable “attorneys fees” and other costs of collection.

Appellants failed to make any payment on the indebtedness and appellee…