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FEDERAL SAV. AND LOAN INS. CORP. v. BROCATO

No. 90-CA-0057.

569 So.2d 17 (1990)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION v. Salvatore BROCATO, Yvonne Laborde, Wife of/and Eddy Rutman, Marks H. Bagalman, Rose Mary Bertrand, Wife of/and Bertrand J. Breaux, Jr., and Kathryn Cimini, Wife of/and Robert J. Fabacher, Jr.

Court of Appeal of Louisiana, Fourth Circuit.

October 11, 1990.

Attorney(s) appearing for the Case

Nathan T. Gisclair, Jr., Stephen P. Schott, Montgomery, Barnett, Brown, Read, Hammond & Mintz, New Orleans, for plaintiff/appellee.

Frank G. Desalvo, New Orleans, for defendants/appellants.

Before GARRISON, BARRY and CIACCIO, JJ.

BARRY, Judge.

This appeal is from a summary judgment in favor of the Federal Savings & Loan Insurance Corporation (FSLIC) Resolution Fund as Receiver for Alliance Federal Savings & Loan Association (Alliance) on five promissory notes and a collateral mortgage executed by the eight appellants. Federal Deposit Insurance Corporation (FDIC), the Managing Agent for FSLIC Resolution Fund has been substituted as plaintiff/appellee.

Appellants entered into...

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