State Missouri at Relation Gravois Home

This original action for our Writ of Prohibition arose out of a statutory redemption proceeding. We issued our preliminary rule. Upon submission the relator's sole contention is that respondent has no further jurisdiction in a statutory redemption matter where the party seeking the redemption failed to post a security bond within twenty days after the date of foreclosure sale. The essential facts are not in dispute. Relator was the mortgagee and holder of a note and deed of trust on certain land located in Jefferson County, Missouri. Scotsdale Mobile Park and Sales Corporation, Inc., now known as Scotsdale Sales Corporation, and referred to hereafter as Scotsdale, was the owner and mortgagor of said real property. Scotsdale defaulted and pursuant to legal notice and under the terms of the deed of trust the property was sold at foreclosure to the mortgagee.