Trimmier v. Vise

Citations

• 17 S.C. 499
• 1882 S.C. LEXIS 91

Syllabus

<p>Wiiere a mortgage covers three parcels of land, one of which is sold by the sheriff under an execution junior to the mortgage and purchased by the mortgagee at an under value, the proportion which.the true value of the parcel purchased bears to the whole mortgaged property, and not the bid at the sheriff’s sale, is the proper credit on the mortgage debt; and the mortgagee may then foreclose his mortgage on the unsold parcels for the balance remaining unpaid.</p>