1. Home
  2. Browse Decisions
  3. So.2d
  4. 509 So.2d
  5. 509 So.2d 1045 (1987)
 

COCHRAN v. DEPOSIT GUAR. NAT. BANK

No. 56881.

509 So.2d 1045 (1987)

Henry Clay COCHRAN and Audrey L. Cochran v. DEPOSIT GUARANTY NATIONAL BANK and William S. Mullins, III, Trustee.

Supreme Court of Mississippi.

July 8, 1987.

Attorney(s) appearing for the Case

Franklin C. McKenzie, Jr., Laurel, for appellants.

Norman Gene Hortman, Jr., Gibbes, Graves, Mullins, Bullock & Ferris, Laurel, for appellees.

Before ROY NOBLE LEE, P.J., and ROBERTSON and ANDERSON, JJ.

ROBERTSON, Justice, for the court:

This case presents the question whether the holder of a deed of trust securing an indebtedness may upon default foreclose, notwithstanding the prior renewal of the secured (but now in default) indebtedness by one other than the grantor in the deed of trust. We hold that it may and affirm.

On November 17, 1978, Henry Clay Cochran and Audrey L. Cochran and two others executed and delivered a $125,000.00 promissory note in favor...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases