Abhaya Nand Deva v. Security Federal Savings Bank
── Abhaya Nand Deva v. Security Federal Savings Bank ──
Case No.: 25A-MF-00031
Court: Indiana Court of Appeals
Date: August 13, 2025
Author: Judge Elaine Brown
County of Origin: Cass
Category: Civil
Decision: Affirmed
Judge Bailey and Judge Weissmann concur
Deva, as President of Bluelight, Inc, (“Bluelight”) executed a promissory note
dated May 24, 2007, evidencing a loan from Security Federal Savings Bank
(“Bank”) to Bluelight in the original principal amount of $213,300 (the “Note”).
The Note provided that Bluelight agreed to make 120 monthly payments, that a
payment of $1,441.36 was due monthly, and that a balloon payment was due
on May 25, 2017, in the amount of $166,639.79 if payments were made as
agreed.
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