Legal Opinion

Casco Northern Bank, N.A. v. Edwards

Supreme Judicial Court of Maine

Decided April 22, 1994PublishedCited by 8 opinions

1Opinion of the Court

GLASSMAN, Justice.

Thomas W. Edwards and Cynthia L.H. Edwards appeal from a summary judgment entered in the Superior Court (Penobscot County, Mead, J.) ordering the foreclosure of a mortgage on their property securing commercial loans to them by Casco Northern Bank, NA We vacate the judgment.

As evidenced by promissory notes, Casco made two commercial loans to the Edwards-es in the amounts of $75,000 and $9,000, respectively. The notes are secured by an open-end mortgage on real property located in Dexter. In October 1990, the Edwardses defaulted on both notes by failing to make the required…

2Cases cited6 opinions

  1. Finks v. Maine State Highway CommissionSupreme Judicial Court of Maine · 1974
  2. Guiggey v. BombardierSupreme Judicial Court of Maine · 1992
  3. Bahre v. PearlSupreme Judicial Court of Maine · 1991
  4. Levesque v. ChanSupreme Judicial Court of Maine · 1990
  5. Brown v. ManchesterSupreme Judicial Court of Maine · 1978

1 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. Gagne v. StevensSupreme Judicial Court of Maine · 1997
  2. Fisherman's Wharf Associates II v. Verrill & DanaSupreme Judicial Court of Maine · 1994
  3. Cottle Enterprises, Inc. v. Town of FarmingtonSupreme Judicial Court of Maine · 1997
  4. Estate of Barbara M. FrostSupreme Judicial Court of Maine · 2016
  5. Roy v. BuckleySupreme Judicial Court of Maine · 1997

3 more not listed; retrieve them via the Exa API.

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