Vital background via Anita Lee can be found here.
The land deal closed 12 days before Scott Walker’s final, lump-sum payment was due on a loan at Merchants & Marine Bank, Jackson County land records show.
Walker had used the property in July 2008 as collateral on a $310,590 loan, which called for monthly payments of $2,775. The balance and all interest payments were due July 25, 2011, although the terms did allow for loan extension or modification.
Tattoo? I heard that word most from investment bankers doing M&A work a decade or so ago. Tatoos are not easily removed, especially those given a bank by a family member to induce the extension of credit to someone that is not otherwise creditworthy enough on their own to nab a $310,590 loan.