Barron v. Barron

CRAWLEY, Judge.

This appeal is from a judgment of the trial court allowing the appellee to foreclose two mortgages.1 We affirm.

The appellant, Marvin L. Barron II (the “debtor”), and his former wife executed a promissory note, secured by two mortgages, to Rainsville Bank (the “bank”). The bank went into receivership and its assets were acquired by the Federal Deposit Insurance Corporation (the “FDIC”). The debtor never made a payment. The appellee, Lowell Barron (the “creditor”), purchased the note and mortgages from the FDIC. The assignment was written and recorded.

The creditor initiated…