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NEE v. L.C. SMITH, INC.

No. 10956.

624 P.2d 4 (1981)

Terri NEE, Appellant, v. L.C. SMITH, INC., a Nevada corporation, Respondent. Frederick C. BERGER, Stewart S. Segal, Margaret Segal, John Robert Williams and Fae Claudette Williams, Stewart Title Insurance of Nevada, a Nevada Corporation, Respondents and Cross-Appellants, v. Terri NEE, Cross-Respondent.

Supreme Court of Nevada.

February 23, 1981.

Attorney(s) appearing for the Case

Snyder & Myers, Las Vegas, for appellant and cross-respondent Nee.

Deaner, Deaner & Reynolds, Las Vegas, for respondents and cross-appellants.

OPINION

GUNDERSON, Chief Justice:

This appeal and cross-appeal arise from an action seeking a declaratory judgment and foreclosure of an agreement alleged to be a mortgage. In this matter the district court 1) declared an agreement between appellant Nee and respondent L.C. Smith, Inc. to be a valid mortgage, 2) determined the note secured by the mortgage to be usurious, and, 3) permitted appellant Nee to foreclose against three properties secured by the...

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