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CAROLINA COMM. BANK v. ALLENDALE FURNITURE CO.

0059

280 S.C. 247 (1984)

312 S.E.2d 569

CAROLINA COMMERCIAL BANK, Respondent, v. ALLENDALE FURNITURE COMPANY, INC., Bankers Trust of South Carolina, and WSCS, Inc., Defendants, of whom Allendale Furniture Company, Inc., is Appellant.

Court of Appeals of South Carolina.

February 6, 1984.

Attorney(s) appearing for the Case

Steven M. Anastasion, of Callison, Tighe & Rush, Columbia, for appellant.

Thomas O. Lawton, Jr., Allendale, for respondent.

February 6, 1984.

CURETON, Justice:

This is an action for foreclosure of a mortgage on real property brought by Carolina Commercial Bank, the mortgagee, against Allendale Furniture, Inc., the mortgagor, and two other defendants, a junior mortgagee and a judgment creditor. The case was tried before a Master who recommended foreclosure. The circuit court concurred and ordered the mortgage foreclosed.

The principal issues on appeal are (1) whether a mortgagee...

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