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EL DORADO HOTEL PROPERTIES v. MORTENSEN

No. 2 CA-CIV 4659.

136 Ariz. 292 (1983)

665 P.2d 1014

EL DORADO HOTEL PROPERTIES, LTD., a Limited Partnership, and United Bank of Arizona, Plaintiffs/Appellees, v. Bruce A. MORTENSEN, Linda M. Mortensen, husband and wife; William T. Boyce and Margaret Boyce, husband and wife; and Humberto Lopez and Czarina Lopez, husband and wife, dba H.S.L. Properties, Defendants/Appellants.

Court of Appeals of Arizona, Division 2.

Rehearing Denied May 2, 1983.

Review Denied June 23, 1983.

Attorney(s) appearing for the Case

Scheff & Botwin by S. Leonard Scheff, Tucson, for plaintiffs/appellees.

Streich, Lang, Weeks & Cardon by Wm. S. Hawgood, II and Michael A. Yarnell, Phoenix, for defendants/appellants.

OPINION

BIRDSALL, Judge.

This appeal is from a summary judgment in favor of El Dorado Hotel Properties, Ltd., a limited partnership, and United Bank of Arizona in the amount of $1,900,000 principal and $56,219 interest found to be due on a promissory note plus $20,000 attorney fees, and foreclosing a deed of trust given as security for the payment of the note. The appellee El Dorado was the payee and beneficiary of the note and deed of trust while appellee...

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