Pathway Financial v. Schade

SATZ, Presiding Judge.

This is an action on a promissory note. Defendants, Mr. and Mrs. Schade, husband and wife, are the makers of the note, and plaintiff, Pathway Financial (Pathway), is the payee.1 Defendants appeal from the trial court’s grant of summary judgment in favor of plaintiff. We affirm.

On April 26, 1982, defendants executed the promissory note in issue as payment for a four week time share period, each year, in a condominium in Crested Butte, Colorado. Defendants defaulted on the note. Plaintiff sued defendants on the note for damages of some $45,000.00 in principal and interest…