Carteret Savings Bank, F.A. v. Weiner

DELL, Judge.

Appellant, Carteret Savings Bank, F.A., contends the trial court erred when it denied its complaint for foreclosure of a mortgage, reinstated the mortgage and abated interest on the mortgage from April, 1987 *1311to the date of the final judgment. We agree and reverse.

In January, 1985, appellant granted a home equity credit line in the amount of $11,000 to appellees, Mayer L. Weiner and Linda S. Weiner, then husband and wife. In August, 1986, appellant granted appel-lees’ application for an increase in their credit line to $30,000. Appellees signed a new note and executed a new…