PAUL v. BOONE

21492

276 S.C. 452 (1981)

279 S.E.2d 608

Larry W. PAUL, Respondent, v. David H. BOONE, Theodore E. Boone, Robert Earl Johnson, Mary H. Hendrix, Robert S. Bogle, Trustee, George T. Wood and Sons, Inc., Annex Furniture Galleries, J.B. Parsons, and Charles A. Royster, d/b/a Charlie's Furniture Salvage, Defendants, of whom David H. Boone, and Theodore E. Boone are Appellants.

Supreme Court of South Carolina.

June 17, 1981.


Attorney(s) appearing for the Case

H. Buck Cutts, of Law Offices of Dalton B. Floyd, Surfside Beach, for appellants.

W.T. Johnson, Jr., Conway, for respondent.


June 17, 1981.

GREGORY, Justice:

This appeal is from an order granting judgment and foreclosure of a real estate mortgage. We affirm.

Respondent Larry W. Paul was the assignee of a promissory note and mortgage calling for payments by appellants David H. and Theodore E. Boone of $725.00 per month. The note bore interest at the rate of eight percent (8%) per annum.

When appellants fell behind in their payments, the parties negotiated a new promissory...

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