FIRST FEDERAL SAV. & LOAN ASS'N v. STACHA

No. 84-256.

688 S.W.2d 269 (1985)

285 Ark. 372

FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF MORRILTON, Appellant, v. Captain Raimund STACHA et al., Appellees.

Supreme Court of Arkansas.

April 15, 1985.


Attorney(s) appearing for the Case

Joe Cambiano, Morrilton, Hardin, Jesson & Dawson, Fort Smith, Steve Kirk, Morrilton, for appellant.

Tim D. Williams, William M. Clark, Robert W. Henry, Conway, for appellees.


GEORGE ROSE SMITH, Justice.

This is another case involving a due-on-sale clause—a provision in a mortgage entitling the mortgagee to accelerate the maturity of the entire debt if the debtor sells the property without the mortgagee's consent. Several similar foreclosure suits were consolidated for trial. The chancellor entered a summary judgment dismissing all the suits, on the ground that the due-on-sale clauses are not enforceable. The appeal comes to us under...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases