Balducci v. Eberly

COUCH, Judge.

I

On February 21, 1975, Henry and Delores Eberly (mortgagors/appellees) executed a deed of trust on real property located in Prince George’s County to secure payment of two notes totalling $80,000 with a seven percent per annum interest rate. The appellants, Larry S. Balducci and Joseph P. McMahon, were named as trustees. Under the terms of that agreement, the mortgagors promised to pay the indebtedness and “all taxes, assessments, water rates and other governmental or municipal charges____ 1

The controversy which is the subject of the present appeal began when the mortgagors…