FIRST UNION NATL. BANK v. TECTAMAR, INC.

No. 7628SC898.

235 S.E.2d 894 (1977)

FIRST UNION NATIONAL BANK of North Carolina, a National Bank v. TECTAMAR, INC., a North Carolina Corporation, George E. Becker, Joy D. Becker, Ewald L. Mertens, Bertha H. Mertens, Clyde T. Gasperson, Faye W. Gasperson, Harold L. Cogdill, Frank Machesky and Jackie Machesky.

Court of Appeals of North Carolina.

July 6, 1977.


Attorney(s) appearing for the Case

McGuire, Wood, Erwin & Crow by Charles R. Worley, Asheville, for the plaintiff.

Long, McClure & Dodd by Jeff P. Hunt, Asheville, for the defendants.


MARTIN, Judge.

Defendants contend that testimony of the price paid by Peco for the collateral was inadequate and raises a genuine issue of fact as to whether the foreclosure sale was commercially unreasonable. We disagree. Defendant offered no testimony that the sale was commercially unreasonable in any other way. G.S. 25-9-507(2) provides:

"The fact that a better price could have been obtained by a sale . . . in a different method from that selected by the...

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