Payne v. Mundaca Investment Corp.
Indiana Court of Appeals
1Opinion of the Court
ROBERTSON, Judge.
Orville Payne (Payne) appeals from partial summary judgment entered against his assertion of certain affirmative defenses and also from judgment of foreclosure based upon his promissory note, which had been assigned to Mundaca Investment Corporation (Mundaca). We affirm in part and reverse in part.
Mundaca filed a complaint on a promissory note and requested foreclosure based upon its allegation that Payne had executed and delivered the note to Scott County-Canco Federal Credit Union (Caneo) in the amount of $50,000.00, with a 18% annual interest rate. Payne had secured the…
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