STOWE CENTER INC. v. BURLINGTON SAVINGS BANK

No. 413-81.

451 A.2d 1114 (1982)

STOWE CENTER, INC. v. BURLINGTON SAVINGS BANK.

Supreme Court of Vermont.

September 7, 1982.


Attorney(s) appearing for the Case

John A. Burgess, San Francisco, Cal., for plaintiff-appellant.

John S. Hodska, Jr., Stowe, pro se.

Gear & Davis, Burlington, for defendant-appellee.

Before BARNEY, C.J., and BILLINGS, HILL, UNDERWOOD and PECK, JJ.


BILLINGS, Justice.

In 1973 plaintiff executed a mortgage to the defendant on land and premises known as Stowe Center. The mortgage secured various loans made by the defendant to the plaintiff and were evidenced by certain executed notes. In 1977, the defendant brought foreclosure proceedings because the plaintiff was in default. In February 1978, after extensive negotiations, the parties entered into an oral stipulation. This stipulation was placed on the record after...

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