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Title:	Allan K. Vrable v. Extendicare Health Services, Inc., 04AP-160
Summary:	Rendered February 8, 2005
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Keywords:	Allan K. Vrable Extendicare Health Services Inc. 04AP-160 February 8, 2005
Handle:	Document-3501
Owner:	Site Administrator (User-2, admin:DocuShare)^DS
Create Date:	Wednesday, February 9, 2005 09:04:12 AM EST
Modified Date:	Wednesday, February 9, 2005 09:04:12 AM EST
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Abstract:	{¶7} From the payment schedule, it is apparent that the loan was intended to be simple interest on a declining balance principal wi th the principal being recalculated every six months until the final balloon payment was made . 04AP-160 4 unanticipated delay in payments was that the final balloon payment of principal and accrued interest was made on February 26, 2002, rat her than July 1, 2000, and that the final three six-month payments were eliminated from the calculation of the balloon payment. It clearly provided for payment of eight percent interest on the unpaid principal and was based on a declining principal basis.
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Content Type:	Adobe Portable Document Format (.pdf) - application/pdf
File name:	04-160.pdf
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Size:	78978
Ready for Declare:	No
Appears In:	Tenth District Court of Appeals Opinions and Decisions: Jan.-June 2005
Preferred Version:	Allan K. Vrable v. Extendicare Health Services, Inc., 04AP-160