United States v. Begin

RONEY, Senior Circuit Judge:

Defendants Keith and Deborah Begin appeal from a judgment entered against them and in favor of plaintiff, the United States of America, on a promissory note. We hold that, contrary to the decision of the district court, the United States’ claim was barred by the six-year limitations period set forth in 28 U.S.C. § 2415(a), and reverse.

In 1980, the Begins executed a promissory note to Southeast Bank in the principal amount of $100,000. The Begins used the loan proceeds to purchase commercial property in Pinellas County, Florida. The note was secured by a mortgage on…