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FIRST SEC. BANK OF UTAH, N.A. v. MAXWELL

No. 17766.

659 P.2d 1078 (1983)

FIRST SECURITY BANK OF UTAH, N.A., a national banking association, Plaintiff and Respondent, v. Lawrence R. MAXWELL, Defendant and Appellant, v. June R. ROBERTS and Beverly D. Roberts, his wife, Defendants and Respondents.

Supreme Court of Utah.

March 3, 1983.

Attorney(s) appearing for the Case

John R. Anderson, Vernal, for defendant and appellant.

James L. Wilde, Patrick B. Nolan, Provo, George E. Mangan, Roosevelt, for plaintiff and respondent.

HOWE, Justice:

This is an appeal from a judgment forfeiting the buyer's rights under a real estate contract and awarding attorney's fees to the escrow agent and sellers.

In June of 1974, defendants Roberts (sellers) and defendant Maxwell (buyer) entered into an installment real estate contract for the sale and purchase of some 300 acres of unimproved land in Duchesne County, Utah. The final payment was to be made in 1984. Buyer and sellers also entered into...

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