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HAGBERG v. ALASKA NAT. BANK

No. 3580.

585 P.2d 559 (1978)

A.E. HAGBERG and Carl Burnett, Appellants, v. ALASKA NATIONAL BANK, Appellee.

Supreme Court of Alaska.

October 27, 1978.

Attorney(s) appearing for the Case

Warren C. Colver, Anchorage, for appellants.

Hoyt M. Cole, G. Rodney Kleedehn, Cole, Hartig, Rhodes, Norman & Mahoney, Anchorage, for appellee.

Before BOOCHEVER, C.J., and RABINOWITZ, CONNOR, BURKE and MATTHEWS, Justices.

OPINION

MATTHEWS, Justice.

In 1976, the law pertaining to deed of trust sales, AS 34.20.070, was amended to permit the obligor under a note secured by a deed of trust to terminate a non-judicial deed of trust sale by paying all arrearages except those due because the acceleration clause1 in the note has been exercised.2 Prior law required payment of the full...

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