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FEDERAL DEPOSIT INS. CORP. v. BANDON ASSOCIATES

Civ. No. 91-0056-P-C.

780 F.Supp. 60 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. BANDON ASSOCIATES, Defendant. Storer Building Condominium Association, Inc., Party-in-Interest.

United States District Court, D. Maine.

December 19, 1991.

Attorney(s) appearing for the Case

Mary Ann E. Rousseau, Thomas A. Cox, Friedman & Babcock, Portland, Me., for plaintiff.

John S. Whitman, Richardson & Troubh, Portland, Me., for Bandon Associates.

S. Carter Friend, Verrill & Dana, Portland, Me., for Storer Bldg. Condominium.

ORDER GRANTING PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT

GENE CARTER, Chief Judge.

This case arises out of a foreclosure action of a mortgage by Plaintiff Federal Deposit Insurance Corporation (hereinafter "FDIC") against Defendant Bandon Associates (hereinafter "Defendant" or "Associates").1 The case involves the claim of Plaintiff FDIC for payment of a promissory note (hereinafter "Note") and foreclosure of a mortgage and sale...

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