Heuberger v. Rounsefell

Plaintiff appeals a summary judgment in favor of defendants in this action on a promissory note. We affirm.

On September 26, 1977, defendants signed a note promising to pay plaintiff $8,498.55 at 9 1/2 percent interest per annum in monthly payments of not less than $65. The note was due and payable in full on September 15, 1984. Defendants apparently made timely payments until August, 1984; because they were unable to pay the balance in September, 1984, they signed a second note. Under the second note, signed September 11,1984, defendants promised to pay $8,498.55 at 15 percent interest per…