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ALABAMA FARM BUREAU INSURANCE CO. v. McCURRY

SC 1599.

336 So.2d 1109 (1976)

ALABAMA FARM BUREAU INSURANCE COMPANY v. Terry McCURRY et al.

Supreme Court of Alabama.

Rehearing Denied September 17, 1976.

Attorney(s) appearing for the Case

Hill, Hill, Carter, Franco, Cole & Black, John M. Milling, Jr., and J. Thaddeus Salmon, Montgomery, for appellant.

Wilson, Propst & Isom, Anniston, for appellees Terry McCurry and Sandra McCurry.

C. William Gladden, Jr., Birmingham, for appellee, Auto-Owners Ins. Co.

SHORES, Justice.

The facts out of which this litigation arose are largely undisputed. The McCurrys bought two lots and built a house on them. They obtained a construction loan from the First National Bank of Piedmont and secured the loan by a mortgage on the property. They also obtained insurance from Farm Bureau, which issued a policy in the amount of $20,000 to the McCurrys and the First National Bank as mortgagee, with an effective date of December 1, 1973, through...

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