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Northeast Bank v. Patterson, ANDcv-08-165 (Androscoggin Super. Ct. Super. Ct., 2008)

Northeast Bank v. Patterson, ANDcv-08-165 (Androscoggin Super. Ct. Super. Ct., 2008)

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Published by: Chris Buck on May 29, 2010
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11/14/2013

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S T A T E O F M A IN E
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S U P E R IO R C O U R T
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NORTHEAST BANK,
P la in tiff
D E C IS IO NA N DO R D E R
v .
M A V IS P A T T E R S O N ,
D efendant
BEFORE THE COURT
T h is m atter is b e fo re th e C o u rto n th ed e f e n d a n t 's m o tio n fo r sum m ary
ju d g m e n t.
B A C K G R O U N DA N D P R O C E D U R A L H IS T O R Y
T h is is a fo re c lo s u re a c tio n b ro u g h tb yN ortheast B a n k (th e B a n k ) a g a in s t
th ed e f e n d a n tM avis P a tte rs o n (Patterson). T he follow ing facts aren o ti n
d is p u te .
O nS e p te m b e r1 5 , 2006, P atterso ne n t e r e d in to a N o te, D isclosurea n d
S e c u rity A greem ent (N o te ) w ithth e B a n k ,w hereby P a tte rs o n prom ised top a y to
th eB a n kth e su m o f $ 9 2 ,3 0 0 .3 3 ,i n a c c o r d a n c e w ith th e term sa n d c o n d i t i o n s o f
th e N o te w h ic hp ro v id e d foro n eh u n d r e d eighty (180) p a y m e n ts of $882.40p e r
m o n th com m encingo n O ctober 15, 2006. P atterson b o rro w e d th e m oney to
p u r c h a s ea 2007 recreational vehicle (RV). T o secure th e sum sd u eu n d e r th e
N o te , P a tte rs o ng ra n te d to th e B a n k a s e c u rity in te re s ti nth eR V .O nF e b r u a r y
1 4 ,2 0 0 8 , P a tte rs o n re c e iv e d a le tte r fro m
th e B a n k s ta tin gth a tsh e w asi nd e fa u lt
o nh e rp a y m e n tsa n d p ro v id in gn o tic e o fh e rrig h t to c u re .P a tte rs o nd o e sn o t
c o n te s t th a tsh ew asi n d e fa u lt.
P a tte rs o nc o n ta c te dth e B anka n d th e B anka d v is e dh e rto sell th eR Va ta n
a p p r o v e d p ric ea n d tu rno v e rth ep r o c e e d sfro m
th es a l e .P a tte rs o na g r e e dt o
thisarrangem ent,a n d th e RV w as s o ld for a su m of $45,000, w h ic hP a tte rs o n
th e ntu rn e do v e r toth e B a n k . T h e B ank c la im s th a t P a tte rs o nn o w ow es th e
d e fic ie n c y b a la n c eth a tre m a in so nh e rlo a ni nth e su m
o f $ 4 9 ,7 9 2 .3 0 .
1
T hed e f e n d a n tfiled a m o tio nfo rsum m ary ju d g m e n to n S e p te m b e r 16,
2 0 0 8 ,s e e k in g th ea lle g e db a la n c eow ed a fte r th es a le .P a tte rs o n file do p p o s itio n
th e re too n O c to b e r 14, 2008, afterre q u e s tin ga nenlargem ent of tim e tor e s p o n d ,
a rg u in gth a t a post-sale dem andw asn o tm ade, th eR V w asn o ts o lda tth e fair
m arketv a lu e ,a n dsh e d idn o tv o lu n ta rilya g r e et o m akepaym ent
i nfu lla fte r
sale ofth e RV.
D IS C U S S IO N
I .
S ta n d a r do f R e v ie w .
Sum m aryju d g m e n tisp r o p e rw hereth e re e x is tn o g e n u in ei s s u e s o f

m aterial fa c ts u c h th a t th e m o v in gp a rty is e n title d to ju d g m e n t a s a m atter o f law .M .R . C iv .P . 5 6 (c );s e e also Levine v. R.B.K . C aly Corp., 2 0 0 1 M E7 7 ,e r r4 , 7 7 0 A .2 d 653, 655. Ag e n u in ei s s u e isr a is e d "w hen sufficiente v id e n c e re q u ire s a fa c t-fin d e rt oc h o o s e b e tw e e n c o m p e tin gv e r s i o n s o f th e tru tha t tria l."

P a rrishv .
W rig h t, 2003 M E9 0 ,e r r8 , 828 A .2d 778, 781. A m aterial facti s a fact th a th a s " th e
p o te n tia lt oa f f e c tth eo u tc o m e o fth es u it."
B u r d z e lv . S o b u s , 2000 M E 84,e r r6 , 750
A .2 d 573, 575.
" I fm aterial facts a re d is p u te d , th e d is p u te m ustb er e s o lv e d
th ro u g hfa c t-fin d in g ."
C u rtisv . P orter, 2001 M E 158,e r r7 , 784 A .2 d 18, 22.
A
p a rty w ish in g to a v o id sum m ary ju d g m e n tm ustp r e s e n t a p rim a facie case for
I
A d d itio n a l in te re s t c o n tin u e s to a c c ru e o n th e p rin c ip a l b a la n c e a t a ra teo f $ 9 .8 8 fo r
each day subsequentt oS e p te m b e r9 , 2 0 0 8 .
2
the claimo r defense th a t is asserted.
R e lia n c e N a tio n a l I n d e m n ityv . K n o w le s
Industrial Services, 2005 M E2 9 ,e r r9 , 868 A .2d 220, 224-25.
A tth is s ta g e , th e fa c ts
a re re v ie w e d" in th e lig h tm ostfa v o ra b le toth e n o n m o v in gp a rty ."
L ig h tfo o tv .
Sch. A d m in . D ist. No. 35, 2003 M E2 4 ,e r r6 , 816 A .2d 63,6 5 .
I I .
W as P o st-S a leD em and R eq u ired ?
P a tte rs o na r g u e s th a tsum m ary ju d g m e n tisn o ta p p ro p ria te b e c a u s eth e re
is a g e n u in ei s s u eo f m aterial fact as to w h e th e r th e B ankp ro v id e d post-sale
dem and to Patterson.
S h ec o n te n d s th a t th e le tte r p ro v id in gd e fa u lt n o tic e d a te d
F e b ru a ry 14, 2008 d idn o t containa n acceleration clausea n d d idn o ta u th o riz e a
dem and fo rpaym enti n full p rio r to th e sale of th eR V .
T h u s ,a d d itio n a ldem and
w asre q u ire da f t e r th e s a l ew asm ade.
A lth o u g hth e N o ted o e sn o t c o n ta ina n a c c e le ra tio n c la u s e , th e F e b ru a ry
1 4 n o tic e p ro v id e db y th e B ankp rio r toth e s a le s ta te dth a t if th em o to r v e h ic le
w as so ld , th e consum erm ayow e th e d iffe re n c e b e tw e e nth en e tp r o c e e d s fro m
the salea n d th e re m a in in gb a la n c ed u eu n d e r th e c o n tra c t.
T h e n o tic e p ro v id e d
b y th eB ank c o m p lie s w ith th e M a in e C onsum erC red it C o d e , 9 -A M .R .S .\u00a7 5 -1 1 0
(2 0 0 8 ).2
A c c o rd in gt o M a in e la w , th e B ankw asn o tre q u ire d to m ake a d d itio n a l
2A
c re d ito r is re q u ire dt op ro v id e th e re q u is ite n o tic e o f rig h tt oc u r ep u r s u a n t to s e c tio n
5 -1 1 0 , w h ic hs p e c ific a lly p ro v id e s :
W ithr e s p e c tt oa consum er c re d it tra n s a c tio n , a fte r a consum erh a sb e e ni n
d e fa u lt for 10d a y s for failure to m ake are q u ire d paym enta n dh a sn o t
v o lu n ta rilys u r r e n d e r e dp o s s e s s io no fg o o d sth a t a rec o lla te ra l, ac re d ito rm ay
g iv e th e consum er th e n o tic e d e s c rib e di n th is s e c tio n .F o rp u r p o s e s o f th is
s e c tio n ,g o o d sth a ta rec o lla te ra l s h a ll in c lu d ea n y rig h to f s e t-o ff th a tth ec re d ito r
m ayh a v e. . . . 9 -A M .R .S .\u00a7 5 -1 1 0 (1 ).
N otice toc u reisi nc o m p lia n c e ifi t s ta te s :
Y ou are latei nm a k in gy o u rpaym ent(s),I fy o up a y th eAM OUNTN O W
D U E
(a b o v e )b y th e L A S T D A Y F O R P A Y M E N T (a b o v e ),y o um ay c o n tin u e w ith th e
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