NATURE'S SUNSHINE PRODUCTS, INC. v. WATSON

No. 20060534-CA.

174 P.3d 647 (2007)

2007 UT App 383

NATURE'S SUNSHINE PRODUCTS, INC., a Delaware corporation, Plaintiff and Appellee, v. Wayne B. WATSON, an individual; and MoneyCode, Inc., a Nevada corporation, Defendants and Appellant.

Court of Appeals of Utah.

December 6, 2007.


Attorney(s) appearing for the Case

Evan A. Schmutz and Kirsti H. Hansen, Provo, for Appellant.

Paul D. Veasy and John P. Ball, Salt Lake City, for Appellee.

Before BENCH, P.J., GREENWOOD, Associate P.J., and ORME, J.


OPINION

ORME, Judge:

¶ 1 Wayne B. Watson appeals the district court's grant of summary judgment in favor of Nature's Sunshine Products, Inc. The appeal raises an important issue about the extent to which a trust deed's dragnet clause will secure new indebtedness. We affirm.

BACKGROUND1

¶ 2 On November 23, 1987, Watson gave a promissory note to First Security Bank memorializing a home equity line of...

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