Hartford v. Machias Savings Bank

CourtSuperior Court of Maine
DecidedDecember 13, 2019
DocketPENcv-15-156
StatusUnpublished

This text of Hartford v. Machias Savings Bank (Hartford v. Machias Savings Bank) is published on Counsel Stack Legal Research, covering Superior Court of Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hartford v. Machias Savings Bank, (Me. Super. Ct. 2019).

Opinion

) ) . ''

STATE OF MAINE SUPERIOR COURT PENOBSCOT, ss CIVIL ACTION / DOCKET NO. CVt].5-156

BETH C. HARTFORD and BRENT HARTFORD,

Plaintiffs

v. ORDER ON DEFENDANT MACHIAS SAVINGS BANK'S MACHIAS SAVINGS BANK, MOTION FOR SUMMARY JUDGMENT Defendant

Before the court is defendant Machias Savings Bank's motion for summary judgment. For

the following reasons, defendant's motion for summary judgment is granted.

BACKGROUND FACTS

In August 2008, plaintiffs Beth Hartford and Brent Hartford engaged Northeast Modular

Homes, Inc. (NEMH) to build plaintiffs a manufactured home on their property. (Def.'s S .M.F. l)

3 .) That same month, NEMH executed a promissory note to defendant and plaintiffs secured the

note by executing a mortgage to defendant. (Def.'s S.M.F. l)l) 4, 5.) NEMH was required to pay

defendant interest payments under the note on a monthly basis between September 25, 2008 and

February 25, 2009. (Def.'s S.M.F. l)l) 8, 9); (Pl.'s Opp. S.M.F. l) 8.) NEMH was also required to

make a balloon payment of principal on February 25, 2009, along with any remaining unpaid

interest or other charges due. (Def.'s S.M.F. lJ 10.) Plaintiffs were not signatories on the

promissory note. (Pis.' A.S.M.F. l) 10.)

In addition to the promissory note and mortgage, plaintiffs and NEMH signed an

Agreement to Reconvey. (Def.'s S.M.F. l) 11.) The Agreement to Reconvey states: ) )

[Plaintiffs] agree all fees, costs or interest and principal payments which may be due from the execution [of] said mortgage and note with [defendant] shall be the sole responsibility of [plaintiffs] and [plaintiffs] shall indemnify and hold [NEMHJ harmless from the same. Any additional fees, costs, interest or principal payments due to [defendant] after AUGUST 25·, 2008 shall be the sole responsibility of [plaintiffs] and [plaintiffs] shall indemnify and hold [NEMH] harmless from the same, unless such fees, costs, additional interest or principal payments shall be as a result of delays in the completion of the project by [NEMH].

(Def.'s S.M.F. ! 14.) Additionally, the Agreement to Reconvey provided that "in the event the

[plaintiffs] shall be unable to refinance said debt, [plaintiffs] agree[] to convey the property ... to

[NEMH] in satisfaction of [plaintiffs'] obligations under the terms of the construction contract and

under the terms of the loan agreement with [defendant]." (Pis.' A.S .M.F. ! 4.)

Plaintiffs were unable to refinance the promissory note executed by NEMH with defendant

due to the presence of mold in the manufactured home NEMH acquired for plaintiffs. (Pis.'

A.S.M.F. ! 7.) NEMH sued plaintiffs in June of 2010 involving disputes over the Agreement to

Reconvey and plaintiffs counterclaimed. (Pis.' A.S.M.F. ! 7.) The litigation between plaintiffs

and NEMH included claims against the company that manufactured plaintiffs' modular home, and

the crane company over the presence of mold in plaintiffs' modular home (consumer litigation

case). (Pis.' A.S.M.F. ! 13); (Def.'s S.M.F. ! 34.) Defendant was a party in interest in the

consumer litigation case. (Pis.' A.S.M.F. ! 14); (Def.'s S.M.F. ! 35.)

Defendant and NEMH subsequently modified the promissory note three times. (Def.'s

S.M.F. ! 15.) The final modification agreement signed on March 31, 2010, extended the date of

the balloon payment of the principal, originally scheduled for February 25, 2009, to February 25,

2012. (Def.'s S.M.F. ! 18.) The modification agreements made no reference to the interest

payments that began on September 25, 2008. (Def.'s S.M.F. ! 19); (Pis.' Opp. S.M.F. ! 19); (Pis.'

2 ) )

A.S.M.F. lJ 6.) NEMH continued to make interest payments to defendant through July 2010. (Pis.'

A.S.M.F. lJ 8.)

Defendant mailed a notice of default and demand for payment to NEMH and plaintiffs on

October 14, 2010, and sent a notification on December 23, 2010 that the full amount under the

note and mortgage was due. (Def.'s S.M.F. lJ 21.) In March 2011, the two principals of NEMH

who signed the promissory note with defendant filed for Chapter 7 Bankruptcy and their financial

obligations including the promissory note were discharged in July 2011. (Pis.' A.S.M.F. lJ 9.)

Defendant filed its complaint for foreclosure on April 5, 2011. (Def.' s S .M.F. lJ 22.) The consumer

litigation was ongoing at this time. (Pis.' A.S.M.F. lJ 13.)

In February of 2012, NEMH and plaintiffs settled their dispute in the consumer litigation.

(Pis.' A.S.M.F. lJ 17); (Def.'s Opp. A.S.M.F. lJ 17.) Defendant did not object to the settlement

between plaintiffs and NEMH. (Pis.' A.S.M.F. lJ 18); (Def.'s Opp. A.S.M.F. lJ 18.) Pursuant to

the settlement, NEMH assigned to plaintiffs all of NEMH's claims against the other parties in the

consumer litigation and plaintiffs dismissed their claims against NEMH. (Def.'s S.M.F. lJlJ 37­

39.)

Defendant filed a motion for leave to amend its foreclosure complaint and a motion for

attachment and attachment on trustee process on May 18, 2012. (Def.'s S.M.F. lJlJ 23, 25.) In. its

motion to amend, defendant sought to assert a claim for contract damages on the grounds that

defendant was a third party beneficiary under the Agreement to Reconvey. (Def.'s S.M.F. lJ 23.)

In its motion for attachment, defendant sought an attachment of $168,838.31 and an attachment of

plaintiffs' real property, investments, and personal property. (Def.'s S.M.F. lJ 25.) In July 2012,

the court overseeing defendant's foreclosure action set a hearing date of September 27, 2012 on

defendant's pending motions. (Def.'s S.M.F. lJlJ 42-43.)

3 ) )

Plaintiffs and the defendants in the consumer litigation settled their case. (Def.'s S.M.F. lJ

44.)' Defendant was not invited to participate in the settlement conference. (Def.'s S .M.F. l) 47 .)

The settlement details were not communicated to defendant. (Def.'s S .M.F. l) 48.) Defendant filed

an ex parte motion for attachment and attachment on trustee process on September 21, 2012 and

sought to attach any of plaintiffs' settlement proceeds. (Def.'s S.M.F. l) 51.) The court granted

defendant's ex parte motion for attachment on September 21, 2012. (Def.'s S.M.F. lJ 52.)

Plaintiffs moved to dissolve the attachment on September 26, 2012. (Def.'s S.M.F. l) 53.) The

court indicated that it would issue an order vacating the ex parte attachment at the conclusion of a

hearing held on September 27, 2012. (Def.'s S.M.F. l)l) 54-56, 58.)

The court assigned to the foreclosure case recommended transfer to the Business and

Consumer Docket to avoid the possibility that inconsistent orders would be issued in the

foreclosure case and the consumer litigation. (Def.'s S.M.F. l)l) 65-67.) Defendant's foreclosure

action was bri.efly transferred to the Business and Consumer Docket before being sent back to the

Machias District Court. (Def.'s S.M.F. l)l) 68, 72.) Defendant's attachment proceeding terminated

when an accounting revealed that from plaintiffs' $15,000.00 consumer litigation settlement

proceeds, only $2.00 would go to plaintiffs because the remainder belonged to plaintiffs' attorneys.

(Def.'s S.M.F. l) 70.) Defendant determined not to pursue its motion to amend its complaint to

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Simon, II v. Navon
71 F.3d 9 (First Circuit, 1995)
Tanguay v. Asen
1998 ME 277 (Supreme Judicial Court of Maine, 1998)
Pepperell Trust Co. v. Mountain Heir Financial Corp.
1998 ME 46 (Supreme Judicial Court of Maine, 1998)
Advanced Construction Corp. v. Pilecki
2006 ME 84 (Supreme Judicial Court of Maine, 2006)
Curtis v. Porter
2001 ME 158 (Supreme Judicial Court of Maine, 2001)
Price v. Patterson
606 A.2d 783 (Supreme Judicial Court of Maine, 1992)
Paula Bratton v. Halsey McDonough
2014 ME 64 (Supreme Judicial Court of Maine, 2014)
David Bordetsky v. JAK Realty Trust
2017 ME 42 (Supreme Judicial Court of Maine, 2017)
Lougee Conservancy v. Citimortgage, Inc.
2012 ME 103 (Supreme Judicial Court of Maine, 2012)
Savell v. Duddy
2016 ME 139 (Supreme Judicial Court of Maine, 2016)

Cite This Page — Counsel Stack

Bluebook (online)
Hartford v. Machias Savings Bank, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hartford-v-machias-savings-bank-mesuperct-2019.