Estate of May v. First Federal Bank for Savings

LEE, P.J.,

for the Court:

FACTS AND PROCEDURAL HISTORY

¶ 1. In 2000, Edward D. May (Edward) bought certain real property located in Marion County for approximately $12,537. Edward executed and delivered a deed of trust to First Federal Bank for Savings (First Federal). In late January 2002, Edward died intestate. The loan secured by the deed of trust became in default, and First Federal began foreclosure proceedings.

¶ 2. Edward’s daughter, Nettie May (Nettie), made several payments on the loan; however, the loan was continually in default. The notice of foreclosure was published as required by…