Christiana Trust v. Taveras

Appellant, Christiana Trust, a Division of Wilmington Savings Fund Society, FSB, not in its individual capacity but as Trustee of ARLP Trust 4, timely appeals a Final Default Declaratory Judgment .in favor of Appellees, Eliezer and Valeria Tav-eras. In the final judgment, the trial court declared Appellant’s mortgage on property *51owned by Appellees to be invalid and unenforceable. The trial court reasoned that application of the statute of limitations would render the mortgage “legally null and void” because Appellant had previously filed a foreclosure action, based upon the mortgage, which…