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BENEFICIAL FINANCE CO. OF COLO. v. SCHMUHL

No. 84SC206.

713 P.2d 1294 (1986)

BENEFICIAL FINANCE COMPANY OF COLORADO, Petitioner, v. Gerald E. SCHMUHL and Glenda L. Schmuhl; Centennial Savings and Loan Association, Respondents.

Supreme Court of Colorado, En Banc.

February 10, 1986.

Attorney(s) appearing for the Case

Grant, McHendrie, Haines & Crouse, Charles H. Haines, Jr., McDonald & Cox, Phyllis Cox, Denver, for petitioner.

Colorado Rural Legal Services, Inc., Israel Galindo, Denver, Richard L. Emmett, Durango, for Gerald E. Schmuhl and Glenda L. Schmuhl, respondents.

Centennial Sav. and Loan Ass'n, respondent not appearing.

Janet D. Zimmerman, Sterling, for Rocky Mountain Farmer's Union, amicus curiae.

ERICKSON, Justice.

We granted certiorari to review the decision of the court of appeals in Centennial Savings & Loan Association v. Schmuhl, 690 P.2d 882 (Colo.App.1984), which held that documents that created a security agreement on a mobile home did not result in an implied waiver of the $6,000 statutory exemption for mobile homes which are used as residences. We reverse and remand to the court of appeals with directions...

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