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NEW MAINE NAT. BANK v. GENDRON

Civ. No. 90-0181 P-C.

780 F.Supp. 52 (1991)

NEW MAINE NATIONAL BANK, Plaintiff, v. John and Elisabeth GENDRON, Defendants.

United States District Court, D. Maine.

December 18, 1991.

Attorney(s) appearing for the Case

Thomas A. Cox, Friedman & Babcock, Portland, Me., for plaintiff.

Charles Kadish, Portland, Me., for defendants.

ORDER GRANTING MOTION FOR SUMMARY JUDGMENT OF PLAINTIFF NEW MAINE NATIONAL BANK

GENE CARTER, Chief Judge.

This case is based on a dispute arising from a loan transaction that Defendants John and Elizabeth Gendron (hereinafter "Defendants" or "the Gendrons") entered into with old Maine National Bank (hereinafter "OMNB"). The transaction involved a note for $175,619 and a mortgage on the Gendrons' home securing that note. The Gendrons attempted to rescind...

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