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FIRST FEDERAL OF CHARLESTON v. BAILEY

No. 2227.

450 S.E.2d 77 (1994)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF CHARLESTON, Respondent, v. Arthur N. BAILEY, James Michael Manney, a/k/a James M. Manney, American Express Travel Related Services Company, Inc., Treeloft Villas Homeowners Association, Seabrook Island Property Owners Association, and Treeloft Villas Owners Association, Defendants, of whom Treeloft Villas Homeowners Association is Appellant.

Court of Appeals of South Carolina.

Decided September 19, 1994.

Rehearing Denied November 2, 1994.

Attorney(s) appearing for the Case

Mark S. Sharpe, Warren & Sinkler, Charleston, for appellant.

David B. Wheeler and Mary Leigh Arnold, Holmes & Thomson, Charleston, for respondent.

HOWELL, Chief Judge:

Respondent, First Federal Savings and Loan Association of Charleston brought an action to foreclose a mortgage on real property owned by Arthur N. Bailey and James Michael Manney. Treeloft Villas Homeowners Association was included as a defendant because it held judgment liens against the property for past due assessments. Treeloft answered First Federal's complaint, maintaining its liens were superior to the mortgage lien. The master found First...

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