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ADMIRAL BUILDERS SAVINGS AND LOAN ASS'N v. SOUTH RIVER LANDING, INC.

No. 461, September Term, 1985.

66 Md. App. 124 (1986)

502 A.2d 1096

ADMIRAL BUILDERS SAVINGS AND LOAN ASSOCIATION ET AL. v. SOUTH RIVER LANDING, INC. ET AL.

Court of Special Appeals of Maryland.

January 14, 1986.

Attorney(s) appearing for the Case

Sidney G. Leech (Laura C. McWeeney and Semmes, Bowen & Semmes and William M. Levy, on brief), Baltimore, for appellant.

Wayne T. Kosmerl (Kevin M. Schaeffer and Council, Baradel, Kosmerl & Nolan, P.A., on brief), Annapolis, for appellee.

Argued before WEANT, BISHOP and ROSALYN B. BELL, JJ.

WEANT, Judge.

This appeal is from a declaratory judgment action in which the Anne Arundel County Circuit Court, interpreting a release fee provision in a mortgage agreement between the parties, found that those fees were not due upon prepayment of the loan. Appellants, Admiral Builders Savings and Loan Association ("Admiral") and Pioneer Financial Services, Inc.,1 raise two questions for review:

1. Did the trial court err in finding...

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