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PEOPLES SAVINGS BANK v. SPENCER

482 A.2d 832 (1984)

PEOPLES SAVINGS BANK v. Robert W. SPENCER, et al.

Supreme Judicial Court of Maine.

Decided October 10, 1984.

Attorney(s) appearing for the Case

Isaacson, Isaacson & Hark, Ronald L. Bissonnette (orally), Philip M. Isaacson, Lewiston, for plaintiff.

Hardy, Wolf & Downing, P.A., Thomas R. Downing (orally), William P. Hardy, Lewiston, for defendants.

Before McKUSICK, C.J., and ROBERTS, VIOLETTE, WATHEN and GLASSMAN, JJ.

ROBERTS, Justice.

Mortgagors Robert W. and Evelyn H. Spencer appeal from judgments entered against them in Superior Court, Androscoggin County, on motions of Peoples Savings Bank, mortgagee, for deficiency assessments pursuant to 14 M.R.S.A. § 6324 (Supp.1983). Because the bank had been the purchaser at the foreclosure sale, the statute requires that any deficiency judgment be limited to the difference between fair market...

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