Federal Land Bank of Columbia v. Davant

Cureton, Judge:

The principal issue in this appeal is whether a South Carolina court should enter a deficiency judgment against two North Carolina residents in a mortgage foreclosure action. In this action, three of four promissory notes the mortgage secures were executed in North Carolina. None of the parties to the notes are residents of South Carolina or have their principal place of business here. The circuit court entered a deficiency judgment for the mortgagee. The mortgagors appeal. We affirm.

On March 5, 1974 Eugene and Ann Woodall Davant (Da-vants) executed a promissory note to…