Stillwater National Bank & Trust Co. v. Woolley

BRIGHTMIRE, Judge.

The dispositive issue here is whether a court of equity may — at the request of the purchaser of property at a sheriffs sale— reform a sheriffs deed to include property which was not expressly included in the foreclosed mortgage or mentioned in the sheriffs advertisement of the property. We hold that it may not and affirm the order of the trial court.

I

On September 7, 1978, appellee Veldon Woolley, together with other individuals, secured a commercial loan for $150,000 from the Stillwater National Bank and Trust Company. The loan proceeds were to be used in the construction…