Haley Bank & Trust Company, N.A. held a properly recorded mo…
Haley Bank & Trust Company, N.A. held a properly recorded mortgage against Aldridge Towne Centre, a student-oriented apartment complex in Coral Gables. Aldridge Towne Centre is owned by Barr Florida Holdings LLC (“BFH”). BFH fell five months behind with its P&I payments. Haley Bank engaged Tyler Fosket, Esq. to file an assignment for the benefit of creditors lawsuit against BFH. Is this the correct case for Haley to file to reclaim Aldridge Towne Centre? (Select one answer only, and read carefully.)