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NATIONWIDE MUT. INS. CO. v. HUNT

No. 24644.

327 S.C. 89 (1997)

488 S.E.2d 339

NATIONWIDE MUTUAL INSURANCE COMPANY, Appellant/Respondent, v. Robbin T. HUNT and First Citizens Bank, as Custodian for Don E. Taylor, IRA, Defendants, of whom First Citizens Bank, as Custodian for Don E. Taylor, IRA, is, Respondent/Appellant.

Supreme Court of South Carolina.

Decided July 21, 1997.

Attorney(s) appearing for the Case

Hoover C. Blanton, Jeter E. Rhodes, Jr. and G.D. Morgan, Jr., all of McCutchen, Blanton, Rhodes & Johnson, L.L.P., Columbia, for Appellant.

H. Jackson Gregory, of Gregory & Gregory, Columbia, for Respondent.

TOAL, Justice:

The primary issue in this insurance contract dispute is Nationwide Mutual Insurance Company's ("Insurance Company") appeal of the directed verdict in favor of First Citizens Bank ("Mortgagee") on the issue of breach of contract. We affirm.

FACTUAL/PROCEDURAL BACKGROUND

In March 1992, Robbin T. Hunt ("Hunt") obtained a $7,000 loan from Mortgagee. This was a third mortgage on Hunt's property...

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