Leeco, Inc. v. Cornerstone Bank

OPINION

JOHNSON, Judge

A bank foreclosed on a mortgage on lakeshore property after the property owner failed to satisfy a guaranty on a line of credit. The mortgagor challenged the foreclosure sale on two grounds. First, the mortgagor argued that the lakeshore property should have been sold- as separate tracts in separate foreclosure sales because the property consists of multiple parcels for purposes of property taxes. Second,. the mortgagor argued that the bank’s notice of foreclosure sale misstated *656the amount due on the mortgage. The district court rejected both of the mortgagor’s arguments…