Coastal Bank of Georgia v. LeMaistre

BLOODWORTH, Justice.

The question on this appeal is whether (under Tit. 7, § 728, § 6-5-231, Code 1975) the judgment creditor Coastal Bank can redeem the property sold under mortgage foreclosure from the redemptioner LeMais-tre who effected his redemption more than six months after the sale when no redemption was made by anyone within six months of sale? The answer is no and we affirm.

The facts of this ease are as follows.

On May 20, 1964, Marion E. Weston and wife executed a real estate mortgage on the property to Pilot Life Insurance Company, which mortgage was assumed by Boyd L. Hobbs and…