ARUNDEL FED. SAV. & LOAN ASS'N v. LAWRENCE

No. 202, September Term, 1985.

65 Md. App. 158 (1985)

499 A.2d 1298

ARUNDEL FEDERAL SAVINGS & LOAN ASSOCIATION v. CHESTER C. LAWRENCE, III, ET UX.

Court of Special Appeals of Maryland.

November 12, 1985.


Attorney(s) appearing for the Case

Lance I. Yateman (Carl A. Muly and Mezger, Muly & Yateman, on brief), Glen Burnie, for appellant.

Hans Froelicher, IV (Robert W. Warfield, on brief), Severna Park, for appellees.

Argued before MOYLAN, WILNER and GARRITY, JJ.


WILNER, Judge.

The dispute now before us is over the proceeds from a mortgage foreclosure sale. The disputants are Arundel Federal Savings and Loan Association, appellant, which held the mortgage, and Chester and Elaine Lawrence, appellees, who were contract purchasers of the mortgaged property.

On July 12, 1983, appellees entered into a contract to purchase from E. Black & Sons, Inc. (Black)1 a certain lot in the Chartwell...

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