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BEAUCHAMP v. NORTH AMERICAN SAV. ASS'N

No. KCD 27664.

543 S.W.2d 536 (1976)

Charles D. BEAUCHAMP and Lena Beauchamp, Plaintiffs-Appellants, v. NORTH AMERICAN SAVINGS ASSOCIATION, a corporation, Defendant-Respondent.

Missouri Court of Appeals, Kansas City District.

November 1, 1976.

Attorney(s) appearing for the Case

Dale, Flynn, Bauman & Liles, Martin M. Bauman, St. Joseph, for plaintiffs-appellants.

Slagle & Bernard, Warren E. Slagle, Kansas City, for defendant-respondent.

Before SHANGLER, P. J., and SWOFFORD and SOMERVILLE, JJ.

SHANGLER, Presiding Judge.

The plaintiffs Beauchamp sued to recover a $4500 savings account pledged as security for a loan to the Zieglers for the purchase of the Beauchamp premises. Thereafter, the Zieglers conveyed to the Costners who assumed the mortgage indebtedness. The plaintiffs Beauchamp now claim that the assumption by the Costners of the Ziegler mortgage indebtedness materially alters their undertaking as pro tanto guarantor of the loan, and by operation...

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