S.C. NAT'L BANK v. S & L INVESTMENT PARTNERSHIP

1854

308 S.C. 511 (1992)

419 S.E.2d 243

The SOUTH CAROLINA NATIONAL BANK, Respondent v. S & L INVESTMENT PARTNERSHIP, Robert L. Steinberg, Harold M. Provizer, David Lichtenstein, and Gary Eisenberg, Appellants.

Court of Appeals of South Carolina.

Decided July 13, 1992.


Attorney(s) appearing for the Case

Frank H. Clabaugh, Hilton Head Island, for appellants.

George G.L. Palmer of Bowen, Palmer & Howell; Hilton Head Island, and James B. Richardson, Jr., of Svalina, Richardson & Smith, Columbia, for respondent.


Heard May 12, 1992.

Decided July 13, 1992.

CURETON, Judge:

This is a mortgage foreclosure action. South Carolina National Bank foreclosed a mortgage it held on property owned by the appellants (owners) for their failure to make mortgage payments. The owners did mot answer the complaint and the master entered a default judgment in favor of the bank which provided for a deficiency judgment.

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