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FEDERAL LAND BANK OF COLUMBIA v. DAVANT

0927

292 S.C. 172 (1987)

355 S.E.2d 293

The FEDERAL LAND BANK OF COLUMBIA and Piedmont Production Credit Association, Respondents v. Eugene M. DAVANT, individually and as Trustee for Newport Industrial Park Partnership, Ann Woodall Davant and W.T. Sherer, York County Tax collector, Defendants, of whom Eugene M. Davant, individually, and Ann Woodall Davant are Appellants.

Court of Appeals of South Carolina.

Decided April 6, 1987.

Attorney(s) appearing for the Case

W. Clarkson McDow, Jr., Rock Hill, for appellants.

Melvin B. McKeown, of Spratt, McKeown & McCrae, York, for respondents.

Heard Feb. 24, 1987.

Decided April 6, 1987.

CURETON, Judge:

The principal issue in this appeal is whether a South Carolina court should enter a deficiency judgment against two North Carolina residents in a mortgage foreclosure action. In this action, three of four promissory notes the mortgage secures were executed in North Carolina. None of the parties to the notes are residents of South Carolina or have their principal place of business here. The...

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