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FIRST FED. S. & L. ASS'N OF PHOENIX v. RAM

No. 2 CA-CIV 4335.

135 Ariz. 178 (1982)

659 P.2d 1323

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF PHOENIX, a corporation, Crossclaimant/Appellee, v. Walter F. RAM and Katherine G. Ram, husband and wife, Crossdefendants/Appellants. CATALINA SAVINGS AND LOAN ASSOCIATION, an Arizona corporation, Plaintiff/Appellee, v. Walter F. RAM and Katherine G. Ram, husband and wife, Defendants/Appellants.

Court of Appeals of Arizona, Division 2.

Rehearing Denied January 20, 1983.

Review Denied March 1, 1983.

Attorney(s) appearing for the Case

Jennings, Strouss & Salmon by Diane K. Geimer, Phoenix, for crossclaimant/appellee.

Slutes, Browning, Sakrison & Grant, P.C. by Jane L. Eikleberry, Tucson, for plaintiff/appellee.

D'Antonio & D'Antonio, P.C. by Patricia A. Ihnat, Tucson, for crossdefendants/defendants/appellants.

OPINION

BIRDSALL, Judge.

This is an appeal by the defendants/appellants Walter and Katherine Ram (the Rams) from a summary judgment in a mortgage foreclosure action in favor of the plaintiff/appellee Catalina Savings and Loan Association (Catalina) and the crossclaimant/appellee First Federal Savings and Loan Association of Phoenix (First Federal). We affirm.

The issues raised on appeal are as follows:

1. Does the acceptance by a mortgagee...

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