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FEDERAL DEPOSIT INS. CORP. v. ROLDAN FONSECA

No. 85-1274.

795 F.2d 1102 (1986)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, Appellee, v. Marcelino ROLDAN FONSECA, et al., Defendants, Appellants.

United States Court of Appeals, First Circuit.

Decided June 27, 1986.

Attorney(s) appearing for the Case

Richard A. Lee, San Juan, P.R., with whom Steven T. Scott, Hato Rey, P.R., were on brief, for defendants, appellants.

Victoria D. Pierce, Hato Rey, P.R., with whom Michael B. Burgee, Deputy Gen. Counsel, Washington, D.C., and John David Ferrer, San Juan, P.R., were on brief, for plaintiff, appellee.

Before CAMPBELL, Chief Judge, ALDRICH and TORRUELLA, Circuit Judges.

TORRUELLA, Circuit Judge.

This is an appeal from a summary judgment in an action by the Federal Deposit Insurance Corporation (FDIC) seeking foreclosure of mortgage and collection of monies under 12 U.S.C. § 1819. Jurisdiction is predicated on 28 U.S.C. § 1345. We affirm.

I

Appellants Marcelino Roldán-Fonseca and his wife Felicita Aponte purchased in 1977 a piece of real property encumbered with a first mortgage lien guaranteeing a...

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