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SECOR BANK v. BAILEY

1900809 and 1900877.

596 So.2d 900 (1992)

SECOR BANK v. Jim BAILEY. Jim BAILEY v. SECOR BANK.

Supreme Court of Alabama.

March 27, 1992.

Attorney(s) appearing for the Case

William S. Pritchard III and W.S. Pritchard, Jr. of Pritchard, McCall & Jones, Birmingham, for appellant, cross-appellee.

Douglas J. Centeno of Schoel, Ogle, Benton, Gentle and Centeno, Birmingham, for appellee, cross-appellant.

ADAMS, Justice.

These appeals are from a judgment on a jury verdict in favor of Jim Bailey. The judgment, as modified, reduced the amount of three mortgages held by Secor Bank and covering three lots that Jim Bailey had purchased from TangleCreek Associates. At the closing on the lots in question, James Davenport, a representative of TangleCreek, represented to Bailey that the lots he was purchasing had been released from the mortgage. Bailey contends that at the...

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