Family Federal Offers & Financing Assn. v. Ramos (1991)

Offender Ronald J. Ramos is attractive a judgment following the trial judge brought a verdict in support of plaintiff Family Government Deals & Mortgage Relationship (Domestic Federal) of Ramos’s responsibility into a personal loan guaranty. We affirm.

Thomas Lynn, a primary financing officer to have Home Government, negotiated the fresh new agreement which have Brooks and you will waiting around three data files-the mortgage modification agreement, the newest promissory notice and also the [229 Cal

Accused Ramos are president of one’s Ramos/Jensen Business (R/J Co.), a california business. R/J Co. are the entire mate away from a small relationship, the new Peacock Ridge Team (Peacock), molded to complete the Peacock Ridge structure project. Between September 1983 and you can February 1985, plaintiff House Federal loaned nearly $seven.cuatro mil towards Peacock partnership. Each one of the four operating-system.

At that time, Peacock owed large figures within the Frederick loans accrued desire and had other debt regarding the your panels. […]