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CROWELL v. JOHN HANCOCK MUT. LIFE INS. CO.

No. 16623.

731 P.2d 346 (1986)

A. Verne CROWELL; Barbara W. Crowell; Michael V. Crowell; Jonette D. Crowell; A. Gary Crowell and Paige Crowell, Appellants, v. JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY, Respondent.

Supreme Court of Nevada.

December 29, 1986.

Attorney(s) appearing for the Case

Robison, Lyle, Belaustegui & Robb, Reno, for appellants.

Hawkins & Sharp, Reno, for respondent.

OPINION

PER CURIAM:

This action originally stemmed from a trustee's sale of farm property under a deed of trust given as security for a promissory note in favor of respondent, John Hancock Mutual Life. The Crowell family members each personally guaranteed the promissory note in the face amount of $1,280,000 which was executed by Bar Vee Dairy, Inc. The note provided for interest at the rate of 12% per annum unless a default occurred, then the percentage...

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