A sparse crowd, including Cheryl Kelly of Thompson Coburn, gathered Monday outside the Jefferson County Courthouse to listen to trustee Steve Leasck read foreclosure notices on six Jefferson County subdivisions owned by developer American Heritage Homes. Great Southern Bank, the noteholder, bought each of the 285 lots. According to Jefferson County Recorder of Deeds records, American Heritage owed Great Southern Bank more than $21 million as of April 5, 2008, when it filed a fourth modification of its original construction loan agreement.
Tagged with: American Heritage Homes Barnhart Byrnes Mill Cedar Hill foreclosures Great Southern Bank Harter Farms Herculaneum High Ridge Jefferson County Parc Kimmswick Providence Silverstone Trails The Fountains at Moss Hollow Twin Pines
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