KQUIRA v. SAXE

No. 89-00320.

2 Pa. D. & C. 4th 365 (1989)

Kquira v. Saxe

Common Pleas Court of Montgomery County, Pennsylvania.

May 10, 1989.


Attorney(s) appearing for the Case

Gregory J. Dean, for plaintiffs.

Regina B. Guerin, for defendants.

Michael Stephen Gressen, for intervenors.


OTT, J., May 10, 1989.

FACTS

On September 21, 1987, plaintiffs sold their interest in a business known as "Towers Deli Inc." along with two commercial condominium units and a storage unit at Valley Forge Towers West Condominiums to defendants. In conjunction with this sale, defendants gave plaintiffs a mortgage collateral to a guaranty note from Saxe Realty. The collateral mortgage agreement provided that if default occurred on the note from Saxe...

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