Sixty St. Francis Street v. AMERICAN SAV. AND LOAN ASS'N

554 So.2d 1003 (1989)

SIXTY ST. FRANCIS STREET, INC., and Cleveland A. Rivers, Sr.

v.

AMERICAN SAVINGS AND LOAN ASSOCIATION OF BRAZORIA COUNTY.

88-1470.

Supreme Court of Alabama.

November 3, 1989.

As Modified on Denial of Rehearing December 15, 1989.

Richard E. Shields, Mobile, for appellants.

W. Lloyd Copeland of Clark, Deen & Copeland, Mobile, and Thomas H. Brown, Birmingham, for appellee.

STEAGALL, Justice.

On November 8, 1985, Cleveland A. Rivers, Sr., purchased from his son certain real property that was subject to a mortgage to First American Mortgage Company, Inc. (hereinafter "First American"),…