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VANEK v. INDIANA NAT. BANK

No. 49A02-8804-CV-150.

540 N.E.2d 81 (1989)

Simoney B. VANEK, n/k/a Simoney B. Narmore, Appellant (Defendant below), v. THE INDIANA NATIONAL BANK, Appellee (Plaintiff below). the Indiana National Bank, Plaintiff, v. FRED VANEK AND SIMONEY B. VANEK, N/K/a Simoney Narmore, Lawrence Lunn, Merchants National Bank & Trust Co., State of Indiana, Department of Revenue, and Rudy Agiular, Defendants. Simoney B. Vanek, N/K/a Simoney B. Narmore, Third-Party Plaintiff, v. RAYMOND CARIC, Carol Lee Caric and Frederick Vanek, Third-Party Defendants.

Court of Appeals of Indiana, Second District.

Rehearing Denied September 21, 1989.

Attorney(s) appearing for the Case

Joseph F. Quill, Michael J. Hebenstreit, Indianapolis, for appellant.

Christopher E. Baker, Steven L. Yount, Indianapolis, for appellee.

SHIELDS, Presiding Judge.

Simoney B. Vanek (n/k/a Simoney B. Narmore) appeals a judgment in favor of Indiana National Bank of Indianapolis (INB).

We affirm.

FACTS

On February 19, 1982, Simoney's husband Frederick C. Vanek (Fred) and R. Raymond Caric, Fred's brother-in-law, entered into a security agreement with INB under the name The Brothers Inc. (Brothers). The purpose of the agreement was to secure payment of a $50,000.00 loan. The agreement...

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