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MORGAN KEEGAN MORTG. CO. v. CANDELARIA

No. 17579.

951 P.2d 1066 (1997)

124 N.M. 405

1998-NMCA-008

MORGAN KEEGAN MORTGAGE CO., Plaintiff, v. Juliette CANDELARIA, a/k/a Dolores J. Candelaria, Defendant/Cross-Defendant/Appellee, and New Mexico Educators Federal Credit Union, Defendant/Cross-Claimant/Appellant.

Court of Appeals of New Mexico.

September 16, 1997.

Attorney(s) appearing for the Case

R. Russell Rager, Albuquerque, for Juliette Candelaria.

Will Jeffrey, Lynch, Printz, Aldridge & Grammer, P.A., Albuquerque, for New Mexico Educators Federal Credit Union.

OPINION

APODACA, Judge.

1. New Mexico Educators Federal Credit Union (Judgment Creditor) appeals the trial court's order allowing a homestead exemption to Juliette Candelaria (Mortgagor). Mortgagor was the owner of real property against which Judgment Creditor held a transcript of judgment and Morgan Keegan Mortgage Co. (Mortgagee) held a first mortgage. On appeal, Judgment Creditor argues that the statute creating the exemption is unambiguous and...

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