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FIRST FEDERAL S. & L. ASS'N OF GARY v. ARENA

No. 3-278A37.

406 N.E.2d 1279 (1980)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF GARY, Plaintiff-Appellant, v. Michael ARENA and Grace Arena, Defendants-Appellees.

Court of Appeals of Indiana, Fourth District.

July 22, 1980.

Attorney(s) appearing for the Case

Thomas E. Dolatowski, Glenn S. Vician, Borns, Quinn, Kopko & Lindquist, Merrillville, for plaintiff-appellant.

William F. Kane, Jr., Merrillville, for defendants-appellees.

CHIPMAN, Judge.

CASE SUMMARY

First Federal Savings and Loan Association of Gary, (First Federal), appeals from a grant of summary judgment in favor of Michael and Grace Arena, (Arenas), in a foreclosure action brought by First Federal against the Arenas and their grantee, Sanford G. Richardson, as well as various lienholders.

First Federal asserts it was erroneous for the trial court to hold that altering the mortgages' interest rate was a material...

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