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Y ALEMAN CORP. v. CHASE MANHATTAN BANK

Civ. No. CIV-75-15.

414 F.Supp. 93 (1975)

Y ALEMAN CORPORATION, Plaintiff, v. The CHASE MANHATTAN BANK (National Association), Defendant.

District Court of Guam.

July 18, 1975.

Attorney(s) appearing for the Case

William C. Williams, Jr., Barrett, Ferenz, Bramhall & Williams, Agana, Guam, for plaintiff.

Howard G. Trapp, Trapp, Gayle, Teker, Hammer & Lacy, P. C., Agana, Guam, for defendant.

MEMORANDUM ORDER

DUENAS, District Judge.

Plaintiff has brought this action for declaratory relief asking this Court to declare the power of sale clause contained in a mortgage, given by plaintiff, mortgagor, to defendant, mortgagee, and the sale conducted pursuant thereto to be invalid and void, or in the alternative, to enter a declaratory judgment adjudging and declaring that the mortgaged property which was sold is subject to rights of redemption in favor...

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