Found inside – Page 182.310,000 8 Sold in foreclosure October , 1873 , and re - organized under two companies1st mortgage on 85 miles and 466,000 acres land 4,690,000 8 ** Keokuk & Des Moines " and " Des Moines ani Fort Dodge . " East Alabama ... Found inside – Page 22Alabama. Bureau of Insurance. lease sale contract . In connection with this real estate , we believe the company will ... company to dispose of these foreclosures within a reasonable time and convert such assets into others more profitable from ... Found inside – Page 22Alabama. Dept. of Insurance. lease sale contract . In connection with this real estate , we believe the company will ... of the company to dispose of these foreclosures within a reasonable time and convert such assets into others more profitable ... Found inside – Page 2851... 18 months after the receipt of such amounts , use such amounts to purchase and redevelop abandoned and foreclosed homes and residential properties . Found inside – Page 718Alabama. Supreme Court. MORTGAGES — Continued . 4 . Title Acquired at Sale . Mortgages ; Purchase of Mortgagor ' s ... Under Section 3505 , a junior mortgagee gets an indefeasible legal title when he redeems land sold under foreclosure ... Found inside – Page 24880 . tenants in common , and such judgment That creditor has foreclosed creditor can not redeem from a mortmortgage and obtained a decree for the gage sale land thus conveyed to the sale of the mortgaged premises does firm . Powers v . Found inside – Page 2341892 1st mort . land graut sinking fund , gold . ... Defaulted in 1871 , and deoree of foreclosure obtained were foreclosed . ... The line in Alabama was sold land - grant mortgage is praetically a first lien on the whole property at Tune 14 , 1880 ... Found inside – Page 79A foreclosed the mortgage , sold the land for what it would bring , and credited the same on the mortgage debt ( a note ) before the debt was barred by the statute of limitations of six years in Alabama . The proceeds of land - sale not being ... Found inside – Page 50Alabama. Attorney General's Office. the act appears to be the predecessor of said Section 618. It was there ruled : " It is ... mortgagee of real estate forecloses his mortgage , under a power of sale contained therein , and bids in the property at ... The legal title to the property was already in the mortgagee and the foreclosure sale had the effect of cutting off the equity of redemption that was in the mortgagor . Found inside – Page 13... simple resolution that the execution or sale of foreclosed land shall be stayed ... In Alabama we have two years for the redemption of real estate under ... Found inside – Page 20... makes various other revisions in the law governing sale of foreclosed land . ... FORESTRY Acquisition of Land for Forests Alabama - Public Hunting and ... Found inside – Page li1898 were foreclosed . ... The proceeds of land sales are reserved by the Hirst to that appeal . ... The com the Alabama & Tennessee River Railroad Company was organized to pany was organized May 23 , 1879 , under the charter of the St. Found inside – Page 594... of the property in full discharge of the debt does not afford a good reason for restraining mortgage foreclosure sale . ... the equity of redemption is that interest in the land which is held by the mortgagor , before foreclosure ; while the right of ... Found inside – Page 554If facts from which the redemption in the land described in and conclusion is drawn are not sufficient to show conveyed by this mortgage ... and void for fraud a foreclosure sale of the and pay off all indebtedness due the said Elba real estate and personal property unler a Bank ... mortgage , the 554 207 ALABAMA REPORTS. Found inside – Page 111Official Organ State Bar of Alabama ... Then she learned from a letter to her ex - husband that her land would be foreclosed on July 27 , 1994. Tammy came to ... the Opelika office on July 20 , seven days before the scheduled foreclosure sale . Found inside – Page 200whom he is redeeming , though such person rent . — A purchaser in possession of land as acquired such balance after the foreclosure sale . purchaser under a valid foreclosure is the Dawsey v . Kirven , 212 Ala . 652 , 103 So . 866 absolute ... Found inside – Page 13... simple resolution that the execution or sale of foreclosed land shall be stayed ... In Alabama we have two years for the redemption of real estate under ... Found inside – Page 29-1Ch. 29», «§ 29-2», «B» 1 Real Estate Handbook: Land Laws of Alabama § 29-2. ... However, as to power of sale foreclosures, the act is effective for ... Found inside – Page 82Containing All the Decisions of the Supreme Courts of Alabama, Louisiana, Florida, Mississippi ... and place and terms of sale , by posting writAffirmed . ten notices at the courthouse and two other public places in said county ... MORTGAGES - FORECLOSURE UNDER POWER of the lands described in and conveyed by it . Found inside – Page 253... whether rent assignments are valid and whether real estate mortgage may also cover chattels ; ( 8 ) Method of foreclosure , its approximate cost , time to ... ( b ) Eminent domain and lien of mortgage — in Alabama , mortgagee has title and is ... Found inside – Page 1024Its application was limited to the foreclosure of mortgages ; but section 1 was applicable to foreclosures equally with ... requires him to have the land sold by the sheriff , but otherwise permits the appointment of a master or commissioner to ... 611 , the following occurs : " The foreclosure and sale must be a foreclosure and sale provided for in section 234 of the ... 69 , as it is outlined in the opinion : The Rome & Decatur Railroad Company was incorporated both in Georgia and Alabama . Found inside – Page 794... and sales of the foreclosed properties from 1978 through 1987 by Federal Land Bank recorded in the Probate Court Record for Baldwin County , Alabama . Found inside – Page 235FORECLOSURES REPOSSESSED AND IRS FORECLOSED HOMES available at below market value. Fantastic savings. You repair. Also S&L bailout properties. Found inside – Page 166Alabama. Supreme Court. $ 500 mortgage in favor of Foreman . Hen- land at the foreclosure sale for the sum ry Barnes took possession of the property of $ 580 under the terms of the mortgage . and he and his family resided on it as their The ... Found inside – Page 1477A mortgagee of Jefferson from tax sale begins to run after the more than a year before judgment for county land was entitled to written nofling of a proper return of service foreclosure of tax sale certificate and tice of tax sale from purchaser thereat of notice of reconveyance . Comp. ... Alabama Mineral Land Where affidavit was sufficient basis out giving statutory 90 days ' prior no Co. v . McFry , 184 So. Found inside – Page 2621892 1st mort . land grant sinking fund , gold . ... Defaulted in 1871 , and deoree of foreclosure obtained were foreclosed . ... The line in Alabama was sold land - grant mortgage is practically a first lien on the whole property at Tune 14 , 1880 ... Found inside – Page 1052The mortgagee foreclosed who contended that his contract contained the ... and asked for a deed of the land , fered for sale before the fee simple was sold ... Found inside – Page 25It was also a matter of great interest to us that about 80 percent of all purchasers paid cash for their lots and not more than four lots that were sold on a vendor ' s lien deed were foreclosed for non - payment of notes . Since about 1800 lots were ... Found inside – Page 46Sale of part of property conveyed by mortgage or similar instrument operates as foreclosure only as to property sold , if debt not satisfied in full , other property in mortgage ... See category Taxation , topic Property Taxes , subhead Real Estate Conveyance Deficiency Judgments . ... and State of Alabama , to - wit : ( description ) warranted free from all encumbrances and against any adverse claims . Found inside – Page 13... simple resolution that the execution or sale of foreclosed land shall be stayed ... In Alabama we have two years for the redemption of real estate under ... Found inside – Page 165FORECLOSURES REPOSSESSED AND IRS FORECLOSED HOMES available at below market value. Fantastic savings. You repair. Also S&L bailout properties. Found inside – Page 680Adopted by Act of the Legislature of Alabama, Approved July 2, 1940, Recompiled in Fifteen Volumes Alabama ... Where , after a foreclosure sale redemption from first mortgage by of mortgaged property , it is sold execution of second mortgage which ... of this right by af ers , at foreclosure of the first mortfirmative act or omission except by gage against the land , gave a mortan exercise of the right itself . Found inside – Page 412Alabama. Supreme Court. receipt for a sum in final settlement of de- 2. Mortgages On 378 . mands expressly defined therein . ... Foreclosure sale does not amount to voluntary payment by mortgagor of controvert[ 3 ] We cannot construe the document be- ed items ... in action for surplus of purchase money of land sold on foreclosure , defendant satisfaction . building and loan association claims certain [ 4 ] ... Found inside – Page 18not be explained wholly by the fact that land tends to sell for less when foreclosed than when sold voluntarily . ... In Alabama study shows that the percentage of loans foreclosed increasol as number of acres per farm increased , as follows : . Found inside – Page 285Alabama. Supreme Court William Russell Smith. Mad . Ch . 492 ) . And in Ireland and Scotland , it is said the rule does not exist , “ for courts ... in the manner in which courts of equity do in England , to protect the borrower against the immediate payment of money vested in land . ... In Ireland , the decrees are always for a foreclosure and sale of the mortgaged premises , and though it is usual in practice to ... Found inside – Page 51The law provides for a deed to be sale found in the instrument , or implied in the issued the minute a redemption period ... Alabama law gives the mortgagor two years , or in cases involving personal property . ( that ' s the fellow who has mortgaged his land ) Redemption is allowed upon foreclosure of trust two years after ... Found inside – Page 20In Alabama , when real estate that is recorded is transferred , the new ... B. be the successful bidder at the foreclosure sale to redeem the property . Found inside – Page 77said real estate as so determined ; but in no such case shall the credit be allowed to exceed the $ 9028 ( 4 ) . Plea that foreclosure sale did not bring fair and reasonable value of real estate . - In mortgage , lien or contract of sale ; which said ... Found inside – Page 1041Alabama. Legislature. Senate. the mortgage , the mortgage may be foreclosed either by sale at public outcry or by ... and may use land already owned by the municipality , or in which the municipality has an equity , for construction thereof of a ... Found inside – Page 89Alabama. Supreme Court. ( 206 Ala . ) redeem from the foreclosure , under the first Cody on equitable terms , and that a ... and that said Cody be ceeds apportioned according to equity . charged with the rent of said lands since he recovered ... Found inside – Page 32... airport relocation ( 88 ) $ 1626-5 Kahului Airport sale of land conveyed ... insure foreclosed multifamily properties , review ( 88 ) H2003-1 Alabama ... Found inside – Page 22In connection with this real estate , we believe the company will eventually realize more in the aggregate than the ... to the company will result in the event of anticipated foreclosures , as there appears to be ample security on all the properties ... Found inside – Page 57Alabama. Court of Appeals, Lawrence H. Lee. 23 Ala . App . The note expressly recites that it was giv- maker . Verner v . ... Morgan Morris and wife , Kath- eral Land Bank of New Orleans , the purarine S. Jorris , on the 211 day of January , chaser at the mortgage sale became ... 26 , 1929 . said foreclosure sale , and who collected the Appeal from ( ' ircuit Court , Calhoun Counrent for said year 1920 from ... Found inside – Page 259from the time of delinquency to pay the taxes before a sale. is ever held. ... in North Carolina to three (3) years in Alabama and Louisiana (In Alabama, ... Found inside – Page 613Winchester and Alabama Railroad In Tennessee , Feb. 9 , Sold at foreclosure sale to The Memphis Company . 1850 , and Dec. 5 , and Charleston Railway Company ... Found inside – Page 85Alabama. Supreme Court, Benjamin Faneuil Porter. Levert et al . vs. ... Mobile county in the sale of lands under execution of fieri facias , at common law . Found inside – Page 742ALABAMA SUPREME COURT . ... 193 . bought land on foreclosure may be joined as defendant in a suit to redeem the contract is executed . When a ... The foreclosure and sale of mortgaged premises for part of the mortgage debt ex . ( T'yson ... Such person rent 1 real estate under... Found inside – Page SUPREME. The courthouse and two other public places in said county that appeal said county State of §! 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