HOME BEN. LIFE INS. CO. v. BLUE ROCK, ETC.


379 A.2d 1147 (1977)

HOME BENEFICIAL LIFE INSURANCE COMPANY, a corporation of the State of Virginia, Plaintiff, v. BLUE ROCK SHOPPING CENTER, INC., a corporation of the State of Delaware, Defendant.

Superior Court of Delaware, New Castle County.

Decided October 18, 1977.


Attorney(s) appearing for the Case

David F. Anderson of Potter, Anderson & Corroon, Wilmington, for plaintiff.

William F. Lynch, II of Morris, James, Hitchens & Williams, for defendant.


TAYLOR, Judge.

Plaintiff holds a mortgage covering a multi-story office building at 30th and Governor Printz Boulevard, Wilmington, Delaware, on which the mortgage indebtedness with interest exceeds $800,000. The property was sold at sheriff's sale pursuant to foreclosure of the above mortgage for $390,000 at sale on July 12, 1977. Plaintiff, the mortgagee, was the purchaser at the sale. Defendant, the mortgagor and owner...

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