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ASSOCIATED OREGON VETERANS v. DVA

86C-12404; CA A46714.

766 P.2d 1040 (1988)

94 Or.App. 510

ASSOCIATED OREGON VETERANS, an Unincorporated Association; John Chostner; Theron Miller; Sandra G. Baker; Kenneth Ensele; Clark Lynch; Denis Wheary; William A. Rauch; Charles R. Harrison; Ralph W. Welch; and Mark Nelson, On Behalf of Themselves and All Other Persons Similarly Situated, Appellants, v. DEPARTMENT OF VETERANS' AFFAIRS, Respondent.

Court of Appeals of Oregon.

Decided December 21, 1988.

Attorney(s) appearing for the Case

James M. Brown, Salem, argued the cause for appellants. With him on the brief was Enfield, Guimond & Brown, Salem.

Rives Kistler, Asst. Atty. Gen., Salem, argued the cause for respondent. With him on the brief were Dave Frohnmayer, Atty. Gen., and Virginia L. Linder, Sol. Gen., Salem.

Before JOSEPH, C.J., and WARREN and ROSSMAN, JJ.

WARREN, Judge.

Plaintiff borrowers brought this action for declaratory and injunctive relief, seeking a determination of their rights under their farm and home loan agreements with defendant (DVA). They appeal from a summary judgment granted in favor of DVA. We affirm.

Between July, 1971, and August, 1982, plaintiffs executed notes secured by mortgages. Each note provided for a variable interest rate, a specific date on which the loan would be paid off and...

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