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BAUER DEVELOPMENT CO. v. NU-WEST, INC.

No. 86CA1172.

757 P.2d 1149 (1988)

BAUER DEVELOPMENT CO., a California corporation, Plaintiff-Appellee, v. NU-WEST, INC., a Colorado corporation, Defendant-Appellant.

Colorado Court of Appeals, Div. I.

June 23, 1988.

Attorney(s) appearing for the Case

Brownstein Hyatt Farber & Madden, Kenneth R. Bennington, Paul Chessin, Denver, for plaintiff-appellee.

Haligman and Lottner, P.C., Richard I. Brown, John Timothy Borst, Englewood, for defendant-appellant.

TURSI, Judge.

Defendant, Nu-West, Inc., appeals a judgment which returned to plaintiff, Bauer Development Co., a portion of the default interest plaintiff paid to cure its default under a promissory note and deed of trust. We affirm.

Nu-West sold land to Bauer. In connection with this sale Nu-West took back a promissory note and deed of trust. The note was for a two-year term, with interest only payable quarterly in advance, and principal due on maturity of...

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