PLAZA NAT. BANK v. VALDEZ

No. 16519.

745 P.2d 372 (1987)

106 N.M. 464

PLAZA NATIONAL BANK, Plaintiff-Appellant, v. William VALDEZ and Susan Valdez d/b/a Valdez Salsa Natural, T.M. and The United States of America, Defendants-Appellees.

Supreme Court of New Mexico.

November 2, 1987.


Attorney(s) appearing for the Case

Thomas M. Brown, Albuquerque, for plaintiff-appellant.

George Perez, Bernalillo, for defendants-appellees.


OPINION

WALTERS, Justice.

This case arises out of a foreclosure action brought by plaintiff bank. After a judgment and decree of foreclosure were entered, and subsequent to a judicial sale, the district court granted defendants' motion for extension of the redemption period. The bank appeals the extension. We affirm.

On November 9, 1983, defendants William and Susan Valdez, d/b/a Valdez Salsa Natural, T.M., signed a six-month promissory note in favor...

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