Jon Higdon v. Regions Bank

IN THE COURT OF APPEALS OF TENNESSEE AT KNOXVILLE Assigned on Briefs January 14, 2010 JON HIGDON v. REGIONS BANK Appeal from the Chancery Court for Morgan County No. 08-101 Frank V. Williams, III, Chancellor No. E2009-01298-COA-R3-CV - FILED MAY 13, 2010 This appeal concerns a primary lien holder’s security interest in certain real property following a foreclosure sale and the obligation of a third-party purchaser of the foreclosed property to remit to the lien holder rents collected after notice of mortgage acceleration. The plaintiff contended that the defendant bank was not entitled to…