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UTAH MORTG. AND LOAN CO. v. BLACK

No. 16610.

618 P.2d 43 (1980)

UTAH MORTGAGE AND LOAN COMPANY, a corporation, Plaintiff and Appellant, v. Betty J. BLACK et al., Defendants and Respondents.

Supreme Court of Utah.

September 22, 1980.

Attorney(s) appearing for the Case

Steven H. Gunn of Ray, Quinney & Nebeker, Salt Lake City, for plaintiff and appellant.

L.S. McCullough, Jr., Ricardo Ferrari, Salt Lake City, for defendants and respondents.

CROCKETT, Chief Justice:

Plaintiff Utah Mortgage Loan Corporation sued to recover the unpaid balance of $36,760.01 on a $675,715.00 subdivision loan which it had advanced to defendants Don J. Black (since deceased), Betty J. Black and Don J. Black Realty, Inc., and for which defendants had executed a promissory note, and a trust deed of real property.

On the basis of the submissions, the defendants moved for summary...

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