OTIS ELEVATOR CO. v. MID-AMERICA REALTY INVESTORS

Docket No. 151651.

206 Mich. App. 710 (1994)

522 N.W.2d 732

OTIS ELEVATOR COMPANY v. MID-AMERICA REALTY INVESTORS

Michigan Court of Appeals.

Decided September 19, 1994, at 9:10 A.M.


Attorney(s) appearing for the Case

Cardelli, Schaefer & Mason, P.C. (by Cheryl A. Cardelli), for the plaintiff.

Kerr, Russell & Weber (by Edward C. Cutlip, Jr., James R. Cambridge, and Patrick J. Haddad), for Firemen's Insurance Company.

Dickinson, Wright, Moon, VanDusen & Freeman (by John R. Clark), for Mid-America Realty.

Before: MARILYN KELLY, P.J., and SHEPHERD and L.P. BORRELLO, JJ.


SHEPHERD, J.

Plaintiff, Otis Elevator Company, appeals as of right from an April 2, 1992, order of the trial court in favor of defendant Firemen's Insurance Company of Newark, New Jersey, on the parties' cross motions for summary disposition. We affirm.

On November 1, 1986, Mid-America Realty Investors entered into a mortgage and security agreement with Firemen's whereby Firemen's agreed to loan monies to Mid-America, retaining a security interest in the David...

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