[DOWNLOAD] "Willis v. Nowata Land and Cattle Co." by South Carolina Supreme Court # eBook PDF Kindle ePub Free

eBook details

Title: Willis v. Nowata Land and Cattle Co.
Author : South Carolina Supreme Court
Release Date : January 31, 1989
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

1 The dispositive issue for decision in this postconfirmation stage of foreclosure suit is whether there was error in denying mortgagors (borrowers) quest for credit in the amount of insurance proceeds previously decreed to the lender (mortgagee). We answer in the negative and hold that the claimed indemnity payment for a fire loss is not available as credit on the judgment against borrower for the balance of its mortgage debt.