WASATCH BANK v. LEANY

No. 20624.

727 P.2d 633 (1986)

WASATCH BANK, a Utah Banking Corporation, Plaintiff and Respondent, v. Kevin B. LEANY and Darleen J. Leany, husband and wife, Defendants and Appellants.

Supreme Court of Utah.

October 21, 1986.


Attorney(s) appearing for the Case

Gary L. Chrystler, Provo, for defendants and appellants.

Rex Lewis, Provo, for plaintiff and respondent.


PER CURIAM:

Defendants appeal a deficiency judgment awarded under the terms of a trust deed.

On December 23, 1980, defendants purchased real property located in Payson, Utah. To facilitate the purchase and finance of the property, defendants executed in favor of plaintiff a trust deed and a promissory note in the amount of $55,920. When defendants failed to make payments, plaintiff gave notice of default and declared due and payable the outstanding principal...

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