Rice v. Flynn

DANA, Justice.

Mortgagors James J. Flynn, Timothy J. Flynn Jr., and John F. Flynn appeal from a judgment of the Superior Court (York County, Brodrick, J.) on the motion of mortgagees Stanley and Dawn Rice for a deficiency assessment pursuant to 14 M.R.S.A. § 6324 (Supp.1992). Although we modify the court’s calculation of the deficiency, we affirm the judgment in all other respects.

The Superior Court ordered foreclosure and sale of the mortgaged property on January 31, 1992. At the public sale, the Rices, who were the only bidders, purchased the property for $18,000. Following the foreclosure…