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GRANT COUNTY FED. CREDIT UNION v. HATCH

87C-11064; CA A47951.

777 P.2d 1388 (1989)

98 Or.App. 1

GRANT COUNTY FEDERAL CREDIT UNION, a Federal Banking Institution, Respondent, v. Carl L. HATCH and Wilma Irene Hatch, Husband and Wife, Appellants, and Montgomery Ward & Co., Incorporated, an Illinois Corporation; Marion County; Thomas Landweer, Dba Blue Mountain Well Drilling; Joe Donaldson, Dba Donaldson Chevron Service, Defendants. Carl L. Hatch and Wilma Irene Hatch, Husband and Wife, Third-Party Plaintiffs-Appellants, v. Oregon Department of Veterans' Affairs, Third-Party Defendant-Respondent.

Court of Appeals of Oregon.

Decided August 9, 1989.

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.

Ronald L. Marceau, Bend, argued the cause for respondent Grant County Federal Credit Union. With him on the brief were Martin E. Hansen and Marceau, Karnopp, Petersen, Noteboom & Hubel, Bend.

Meg Reeves, Asst. Atty. Gen., Salem, argued the cause for respondent Oregon Dept. of Veterans' Affairs. With her on the brief were Dave Frohnmayer, Atty. Gen., and Virginia L. Linder, Sol. Gen., Salem.

Before BUTTLER, P.J., and WARREN and ROSSMAN, JJ.

BUTTLER, Presiding Judge.

In this foreclosure proceeding, defendants1 appeal, assigning error to the trial court's granting summary judgments to plaintiff Grant County Federal Credit Union and to third-party defendant Department of Veterans' Affairs (DVA).2

Defendants borrowed funds from DVA for the purchase of a farm and home and executed a promissory note secured by a mortgage on the property. They...

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