Bradley v. Atlantic Guaranty & Title Insurance

*742The opinion of the court was delivered by

Walker, Chancellor.

The facts of this case sufficiently appear in the opinion of the Supreme Court, but we think that court was in error in holding that the guaranty of the payment of the mortgages did not extend to the decree of foreclosure in which the mortgages were merged. We think that when the mortgages became so merged the guaranty thereafter would become one in effect guarantying the payment of the decree rather than of the mortgages themselves, because the guaranty was to pay the mortgage debt, and, upon foreclosure, the debt was merged into…