PACE v. COLONIAL PENN INS. CO.

2950085.

690 So.2d 369 (1996)

James N. PACE and Sandra Pace v. COLONIAL PENN INSURANCE COMPANY.

Court of Civil Appeals of Alabama.

Rehearing Denied June 28, 1996.


Attorney(s) appearing for the Case

Richard H. Taylor and Robert J. Hedge of Jackson, Taylor and Martino, P.C., Mobile, for Appellants.

Robert G. Jackson, Jr., and Anthony M. Hoffman of Zieman, Speegle, Oldweilder and Jackson, L.L.C., Mobile, for Appellee.


L. CHARLES WRIGHT, Retired Appellate Judge.

This is an appeal from a summary judgment. The relevant facts are as follows:

On July 1, 1991, Greg and Jeannette Rollison purchased five acres of land, a house, and a barn from James and Sandra Pace. As part of the purchase, the Rollisons executed a vendor's lien, naming the Paces as lienholders. The purchase price of $100,000 was to be paid through a down payment, plus monthly installments of $945.74. Pursuant...

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