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AMERICAN STATE BANK AND TRUST COMPANY OF WILLISTON v. SORENSON

Civ. No. 950093.

539 N.W.2d 59 (1995)

AMERICAN STATE BANK AND TRUST COMPANY OF WILLISTON, Plaintiff and Appellee, v. Tom SORENSON, Defendant and Appellant.

Supreme Court of North Dakota.

October 31, 1995.

Attorney(s) appearing for the Case

Bjella, Neff, Rathert, Wahl & Eiken, PC, Williston, for plaintiff and appellee; argued by Al Wahl.

Anseth and Johnson, Williston, for defendant and appellant; argued by LaRay Anseth Johnson.

MESCHKE, Justice.

Tom Sorenson appealed from a summary judgment for American State Bank & Trust Company of Williston (Bank) on a promissory note. We affirm.

On July 8, 1985, Sorenson and his wife, Joni, executed a promissory note for $29,150.74 to the Bank that employed Joni. The Sorensons agreed to pay $400 monthly for three years, and to make a balloon payment of $25,339.38 on July 5, 1988. The Sorensons secured the note with their 1982 Rollohome and...

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