Jackson Trust Co. v. Gilkinson

This suit is for the foreclosure of a mortgage executed on May 5th, 1927, by defendant Thomas E. Gilkinson, and Catherine L. Gilkinson, his wife, to complainant, to secure payment of the sum of $8,500, upon which default was made by the mortgagors. Of the aforesaid sum $7,977.04 was applied to the payment of a first mortgage lien held by the Greenville Heights Building and Loan Association, which mortgage was in default, and about to be foreclosed, and $522.96 was applied to payment of municipal tax liens. Complainant's mortgage was intended to be a first lien on the mortgaged premises. When…