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FIRST FEDERAL SAVINGS BANK v. KNAUSS

1201

296 S.C. 136 (1988)

370 S.E.2d 906

The FIRST FEDERAL SAVINGS BANK, Respondent v. Donald R. KNAUSS and Southern Bank & Trust Company, Defendants, of whom Donald R. Knauss is Appellant.

Court of Appeals of South Carolina.

Decided August 1, 1988.

Attorney(s) appearing for the Case

George E. Mullen, of McKay & Mullen, Hilton Head Island, for appellant.

Russell P. Patterson, of Jones, Scheider & Patterson, Hilton Head Island, for respondent.

Heard June 20, 1988.

Decided August 1, 1988.

CURETON, Judge:

First Federal Savings Bank filed complaints to foreclose mortgages on five pieces of property in Beaufort County. All of the properties were owned by Donald Knauss. First Federal expressly reserved its right to seek deficiency judgments against Knauss in its pleadings. Knauss claimed no deficiencies should be allowed because First Federal procured...

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