1. Home
  2. Browse Decisions
  3. N.W.2d
  4. 429 N.W.2d
  5. 429 N.W.2d 325 (1988)
 

CHILDRES v. CONSERVATIVE SAV & LOAN

No. 86-842.

429 N.W.2d 325 (1988)

229 Neb. 715

Emmett D. CHILDERS and Susanne K. Childers, Appellants, v. CONSERVATIVE SAVINGS & LOAN ASSOCIATION, a Nebraska Building and Loan Association, Appellee.

Supreme Court of Nebraska.

September 9, 1988.

Attorney(s) appearing for the Case

Victor J. Lich, Jr., of Lich, Herold & Mackiewicz, Omaha, for appellants.

Thomas E. Johnson and Walter H. Goodwin, of Baird, Holm, McEachen, Pedersen, Hamann & Strasheim, Omaha, for appellee.

HASTINGS, C.J., SHANAHAN, and FAHRNBRUCH, JJ., and RILEY and OTTE, District Judges.

OTTE, District Judge.

This is an equitable action for reformation of a promissory note and for a declaratory judgment.

On April 22, 1977, the plaintiffs executed and delivered to defendant their promissory note, which provided in part as follows:

It is understood and agreed that at any time after the expiration of two years from the date of this note, the Association may increase the interest charged on this note to a rate which is 3.25% per annum...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases