JPMorgan Chase & Co. v. Casarano

This appeal arises from a grant of summary judgment by a judge of the Land Court invalidating a mortgage due to a lack of material terms. We affirm.

Background. The judge found the following facts, which are undisputed. Mary Odoms-Harris3 executed a mortgage in the amount of $108,000 in favor of First Eastern Mortgage Cor*354poration (first mortgage) to finance her purchase of certain property in the Dorchester section of Boston. On the same day she executed a second mortgage for $15,443 in favor of one of the sellers, Kevin Crosby (second mortgage). Thereafter, in an extended series of…