Hawk v. Moore, 4 Div. 710
Decision Date | 05 November 1953 |
Docket Number | 4 Div. 710 |
Citation | 69 So.2d 419,260 Ala. 228 |
Parties | HAWK v. MOORE. |
Court | Alabama Supreme Court |
Alto V. Lee, III, and Huey D. McInish, Dothan, for appellant.
J. Hubert Farmer, Dothan, for appellee.
The bill in this case was filed by appellee against appellant for the purpose of having cancelled a foreclosure sale and the deed executed pursuant thereto on the ground that the debt secured by the mortgage had been fully paid, but sets up in the alternative that, if the debt had not been fully paid, the foreclosure sale and deed executed thereunder should be set aside on the ground that the price realized at the sale was grossly inadequate and that the complainant should be permitted to redeem upon payment of the amount found to be due on the debt secured by the mortgage.
After submission for final decree on testimony taken before commissioners, the trial court rendered a decree setting aside the foreclosure sale and the foreclosure deed and ordering the register to hold a reference and ascertain and report to the court as follows: (1) the balance due on the debt secured by the mortgage; (2) the amount expended by the respondent mortgagee from rents received by him from the mortgaged property subsequent to the execution of the mortgage and prior to foreclosure; (3) the amount received by mortgagee prior to foreclosure and after execution of mortgage from an insurance company as result of fire damage to mortgaged property; (4) the amount of rent collected on the mortgaged property by the mortgagee subsequent to foreclosure.
From such decree the respondent mortgagee, who was the purchaser at the foreclosure sale, has appealed to this court. This is such a final decree as will support an appeal. C. W. Zimmerman Mfg. Co. v. Pugh, Ala.Sup., 39 So. 989.
As we interpret the decree, relief was granted the complainant as on a bill to be let in to redeem. It seems evident from the language of the opinion incorporated into the decree and from the reference to the register that the chancellor did not pass on the question of payment vel non.
Assuming, without deciding, that the proof as it bears on the claim of the gross inadequacy of the price realized at the sale, when considered with other objections to the sale, First National Bank of Opp v. Wise, 235 Ala. 124, 177 So. 636, would have been sufficient to justify a decree disaffirming the sale if proceedings to disaffirm had been timely filed, the fact is that such proceedings were not filed timely.
In the absence of unusual circumstances, the right to disaffirm a mortgage foreclosure sale is barred by a lapse of two years from the date of sale. Alexander v. Hill, 88 Ala. 487, 7 So. 238, 16 Am.St.Rep. 55; Canty v. Bixler, 185 Ala. 109, 64 So. 583; First National Bank of Opp v. Wise, 241 Ala. 481, 3 So.2d 68; Frahn Co. v. National Realty Management Co., 236 Ala. 681, 185 So. 162; Sherrill v. Federal Land Bank of New Orleans, 244 Ala. 461, 14 So.2d 361; Sansom v. Sturkie, 245 Ala. 514, 18 So.2d 267; Randolph v. Vails, 180 Ala. 82, 60 So. 159; Ruffin v. Crowell, 253 Ala. 653, 46 So.2d 218.
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Browning v. Palmer
...that two-year period the mortgagor had elected to ratify the sale. Cloud v. Gamble, 264 Ala. 270, 86 So.2d 836 (1956); Hawk v. Moore, 260 Ala. 228, 69 So.2d 419 (1954); Dozier v. Farrior, 187 Ala. 181, 65 So. 364 (1914); Alexander v. Hill, 88 Ala. 487, 7 So. 238, 16 Am. St. Rep. 55 (1890). ......
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Garris v. Federal Land Bank of Jackson
...that two-year period the mortgagor had elected to ratify the sale. Cloud v. Gamble, 264 Ala. 270, 86 So.2d 836 (1956); Hawk v. Moore, 260 Ala. 228, 69 So.2d 419 (1954); Dozier v. Farrior, 187 Ala. 181, 65 So. 364 (1914); Alexander v. Hill, 88 Ala. 487, 7 So. 238, 16 Am.St.Rep. 55 (1890). In......
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Moore v. Hawk
...to remand the cause so that testimony in regard to this question of payment may be made more certain and satisfactory.' Hawk v. Moore, 260 Ala. 228, 69 So.2d 419, 420. On the second trial of the case the question was limited to whether the mortgage debt had been fully paid prior to the fore......
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Hawk v. Moore
...the price realized at the foreclosure sale was so grossly inadequate that he should be permitted to redeem. On first appeal, 260 Ala. 228, 69 So.2d 419, 420, we held that in the absence of unusual circumstances, the right to disaffirm the foreclosure sale was barred in two years, and this b......