Keith v. Yarbrough

Jordan, Justice.

This is an appeal from the judgment of the trial court granting the appellee’s motion for summary judgment.

On February 1, 1960, Mrs. Bob Keith acquired title to the property that is the subject of the present appeal and in December, 1960, signed a deed to secure debt to Nationwide Homes Corporation for approximately $4,000 covering the construction of a shell home on the property, said deed to secure debt being subsequently transferred to First Atlantic Mortgage Corporation. After Mrs. Keith had paid some $500 or $600 on the indebtedness, it became in default in 1963,…