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FIRST MD. FIN. SERV. v. DISTRICT-REALTY

Nos. 87-100, 87-99.

548 A.2d 787 (1988)

FIRST MARYLAND FINANCIAL SERVICES CORPORATION, et al., Appellants, v. DISTRICT-REALTY TITLE INSURANCE CORPORATION, Appellee. DISTRICT-REALTY TITLE INSURANCE CORPORATION, Appellant, v. Theda L. VAUGHN, et al., Appellees.

District of Columbia Court of Appeals.

Decided October 13, 1988.

Attorney(s) appearing for the Case

Samuel C. Steelman, Jr., College Park, Md., for appellants/cross-appellees.

Leonard C. Collins and Robert W. Mance, III, Washington, D.C., also entered an appearance, for appellees in No. 87-99.

David H. Cox, with whom Mary Lynn Reed, Washington, D.C., was on the brief, for appellee/cross-appellant. Patricia D. Gurne, Washington, D.C., also entered an appearance, for appellee/cross-appellant.

Before PRYOR, Chief Judge, and MACK and FERREN, Associate Judges.

MACK, Associate Judge:

In this consolidated appeal, appellant, First Maryland Financial Services Corporation (hereinafter "First Maryland"), contends that, as a holder in due course of a negotiable note secured by a deed of trust on realty, its rights to the realty are superior to the claims of appellee/cross-appellant, District-Realty Title Insurance Corporation (hereinafter "District-Realty"). Concluding that First Maryland does not have rights to the property superior...

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