SWANSON, J.
Robert L. Smith appeals from a summary judgment in favor of Verne Thompson in a collection action on a promissory note. Smith contends that the trial court erred in permitting Thompson to recover a deficiency judgment after Thompson sold the property securing the note.
In April 1982, Thompson sold Smith a single-family residence for $58,000. Pursuant to the purchase and sales agreement, Smith borrowed $20,000 from private investors, who were secured...
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