Ray Mashburn Homes, LLC v. Charterbank

McFADDEN, Judge.

Ray Mashburn Homes, LLC, Ray M. Mashburn, and Jan O. Mashburn appeal the grant of summary judgment to CharterBank in this suit on two promissory notes and a guaranty. They argue that the correct interest rate on the business’s loan is a disputed issue of fact, but we find that the promissory note unambiguously set forth the interest rate. The appellants argue that the proper amount of damages is in dispute due to discrepancies in the bank’s evidence. We are constrained to agree. But the discrepancy in the evidence of damages on the Mashburns’ loan works to their favor, so they…