Hawaii Supreme Court February 23, 1990, NO. 13273 (Bank of Hawaii v. Horwoth)

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OPINION OF THE COURT BY

NAKAMURA, J.

The question in this appeal from the final order in an action brought by the Bank of Hawaii to foreclose three mortgages

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executed by Robert J. Anthony and Annette G. Anthony is how the surplus proceeds of the sale of the mortgaged property, a leasehold estate subject to an agreement of sale, should be disbursed.