Ober v. Riggs Nat. Bank of Washington

RICHARDSON, Chief Judge.". '

Plaintiff herein is the holder of a promissory note in the sum of $1000, one of a series secured by a deed of trust on certain real estate. Defendant Ober purchased the property on which the note was secured without assuming or becoming personally liable thereon. However, when the note matured he secured an extension of the time of payment, and thereafter successive extensions to November 16,. 1937, on each occasion signing an agreement wherein he assumed and agreed-to pay the note. These agreements were on the same printed form, the last dated January 23, 1937,…