Boone v. American Federal Bank, F.S.B.

BILL BASS, Justice.

This is an appeal from a summary judgment against the guarantors in a suit on a guaranty agreement. We will affirm the judgment.

The original promissory note was made by The Park Highlands, Inc., d/b/a Bridgepark Development Co., on June 2, 1986 and delivered to Longview Savings and Loan Association, the predecessor in interest of the Appel-lee American Federal Bank. The three Appellants executed guaranty agreements on the same day promising to pay the indebtedness in the event of default by the borrower, Park Highlands. The note was renewed and extended on two occasions.…