Legal Opinion
Town & Country Bank v. Stevens
Court of Appeals of Utah
Decided July 25, 2014No. 20130446-CAPublishedCited by 1 opinion
1Opinion of the Court
Opinion
GREENWOOD, Senior Judge:
{1 Defendants Robert C. Stevens and Brett L. John (collectively, Guarantors) appeal the trial court's grant of partial summary judgment in favor of Town & Country Bank (the Bank). We affirm.
12 In December 2008, the Bank loaned Fairground Properties, Inc. (Borrower) $1,380,000 pursuant to a promissory note. The loan was secured by a deed of trust (the
Fairgrounds Deed 'of Trust) encumbering twenty-six parcels of real property located in Hurricane, Utah. Pursuant to the terms of the promissory note, Borrower was to make monthly 6.5% interest-only payments to the…
2Cases cited14 opinions
- Valcarce v. FitzgeraldUtah Supreme Court · 1998
- Patterson v. PattersonUtah Supreme Court · 2011
- Oakwood Village LLC v. Albertsons, Inc.Utah Supreme Court · 2004
- Waddoups v. Amalgamated Sugar Co.Utah Supreme Court · 2002
- NCNB Texas National Bank v. JohnsonCourt of Appeals for the Fifth Circuit · 1994
9 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Myler v. Blackstone Financial Group Business TrustCourt of Appeals of Utah · 2014