NYLEN v. GEERAERT

[No. 156, September Term, 1966.]

246 Md. 4 (1967)

226 A.2d 878

NYLEN, ET AL. v. GEERAERT, ET UX.

Court of Appeals of Maryland.

Decided March 10, 1967.


Attorney(s) appearing for the Case

William V. Meyers, with whom was Leo Wm. Dunn, Jr., on the brief, for appellants.

James H. Taylor for appellees.

The cause was argued before HAMMOND, C.J., and HORNEY, MARBURY, OPPENHEIMER and McWILLIAMS, JJ.


McWILLIAMS, J., delivered the opinion of the Court.

The deed of trust in this appeal provides that "in the event there is a default" in any payment of taxes, all principal and interest, at the option of the note holder, shall mature immediately and become due and payable. Taxes which became "due and payable" on 1 July 1965, "overdue and in arrears" on 1 October 1965 and interest bearing "from and after" 1 October 1965 were not...

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