LITTLE v. HARBOR PACIFIC MORTGAGE INVESTORS

Docket No. G001647.

175 Cal.App.3d 717 (1985)

221 Cal. Rptr. 59

JAMES S. LITTLE et al., Plaintiffs and Appellants, v. HARBOR PACIFIC MORTGAGE INVESTORS No. 79B et al., Defendants and Respondents.

Court of Appeals of California, Fourth District, Division Three.

December 13, 1985.


Attorney(s) appearing for the Case

COUNSEL

Marc C. Kennedy for Plaintiffs and Appellants.

Joel A. Osman, J. Thomas Hunsucker and Hunsucker & Sabo for Defendants and Respondents.


OPINION

SONENSHINE, J.

In July of 1980, Harbor Pacific Mortgage Investors No. 79B (Harbor) loaned James and Phyllis Little $28,700. The debt was evidenced by a note requiring monthly interest payments of $435.50 for 23 months. A balloon payment of principal and interest in the amount of $29,135.50 was due in two years. A late payment of $25.83 accrued for each payment delinquent for...

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