ROWE v. SMALL BUSINESS ADMIN.

No. 1-1082A318.

446 N.E.2d 991 (1983)

J.C. ROWE and Janice J. Rowe, Husband and Wife, Appellants (Cross-Defendants below), v. SMALL BUSINESS ADMINISTRATION, an Agency of the United States Government, Appellee (Cross-Plaintiff below).

Court of Appeals of Indiana, First District.

Rehearing Denied April 25, 1983.


Attorney(s) appearing for the Case

Gary K. Kemper, Jenner & Kemper, Madison, for appellants.

Sarah Evans Barker, U.S. Atty., George E. Palmer, Asst. U.S. Atty., Robert E. Dwyer, Atty., Small Business Admin., Indianapolis, for appellee.


ROBERTSON, Presiding Judge.

J.C. Rowe and Janice J. Rowe (Rowes) appeal the entry of a summary judgment entered on behalf of the Small Business Administration (SBA).

We affirm.

The facts disclose that Madison Plaza, Inc. (Madison Plaza) sought to foreclose on two notes in the amounts of $1,800.57 plus interest and $3,504.35 indemnified by a mortgage of real estate owed by the Rowes. The first mortgage on the property was held by the Progressive Building...

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