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NATIONSBANK OF NORTH CAROLINA v. BAINES

No. 939DC991.

447 S.E.2d 812 (1994)

NATIONSBANK OF NORTH CAROLINA, N.A. (Formerly NCNB), Plaintiff, v. Maggie Thompson (Jones) BAINES, Defendant.

Court of Appeals of North Carolina.

September 6, 1994.

Attorney(s) appearing for the Case

Smith Helms Mullis & Moore, L.L.P. by Leslie C. O'Toole and Paul K. Sun, Jr., Raleigh, for plaintiff-appellee.

Mark Galloway, Roxboro, for defendant-appellant.

ORR, Judge.

Defendant entered a written purchase-money security agreement ("the agreement") with Uzzle Cadillac-Oldsmobile for the purchase of a new car on 10 June 1987. Defendant chose to purchase credit life insurance and accident and health insurance as part of the agreement. The agreement was assigned to plaintiff with defendant's consent. The terms of the agreement obligated defendant to pay sixty monthly payments of $339.31, with payments due on the tenth of...

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