FIRST SEC. BANK OF BROOKFIELD v. McCLAIN

No. 86-544.

403 N.W.2d 788 (1987)

FIRST SECURITY BANK OF BROOKFIELD, Appellee, v. Minnie I. McCLAIN, Appellant.

Supreme Court of Iowa.

April 15, 1987.


Attorney(s) appearing for the Case

Warren L. Bush, Wall Lake, for appellant.

Earl H. Maahs of Bedell, Maahs & Miller, Spirit Lake, for appellee.

Considered by REYNOLDSON, C.J., and McGIVERIN, LARSON, LAVORATO, and NEUMAN, JJ.


LARSON, Justice.

Defendant, Minnie I. McClain, appeals from a summary judgment for the First Security Bank on a loan guaranty agreement. We affirm.

On April 5, 1982, Minnie McClain executed a written guaranty in favor of First Security Bank guaranteeing the indebtedness of her son, Arnold McClain, and his wife Cheryl. The limit of her guaranty was $50,000. On April 8, 1982, Arnold and Cheryl borrowed $50,000 from First Security. On December 10, 1982, they...

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