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SECURITY FEDERAL S. & L. v. PRENDERGAST

No. 18128.

775 P.2d 1289 (1989)

108 N.M. 572

SECURITY FEDERAL SAVINGS & LOAN, a savings and loan association, Plaintiff-Appellee, v. Robert and Linda PRENDERGAST, Defendants-Appellants.

Supreme Court of New Mexico.

June 27, 1989.

Attorney(s) appearing for the Case

Turpen, Cannain & Merchant, Lester C. Cannain, Albuquerque, for defendants-appellants.

Alan R. Wilson, Albuquerque, for plaintiff-appellee.

OPINION

SCARBOROUGH, Justice.

This suit arises out of the sale of secured collateral under Article 9 of the Uniform Commercial Code after default on a promissory note. Defendants-appellants, Robert and Linda Prendergast, claim the sale of the collateral was commercially unreasonable and appeal the granting of a deficiency judgment to plaintiff-appellee, Security Federal Savings & Loan (Security). We affirm.

In 1983, the Prendergasts borrowed...

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