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08-17-2011, 11:32 AM #1
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Burt Reynolds faces being thrown out of home
Burt Reynolds faces being thrown out of home
Burt Reynolds, the veteran actor, faces being evicted from his longtime southeast Florida home, according to a lawsuit filed by a mortgage firm.
Burt Reynolds Photo: GETTY11:17PM BST 16 Aug 2011
The 75-year-old is known for starring roles including in films "Deliverance" and "Smokey and the Bandit" from the 1970s. He also won a Golden Globe for his role as a porn king in the 1997 film "Boogie Nights''.
The mortgage on the house in Hobe Sound that is facing foreclosure was taken out in 1994, a year after Reynolds' widely publicised divorce from actress Loni Anderson.
Reynolds, who had heart bypass surgery last year, stopped making the mortgage payments a year ago and owes Merrill Lynch Credit Corporation almost $1.2 million (£730,000), according to the lawsuit filed on August 9 in Martin County. The home is thought to be worth double that.
Merrill Lynch also named two other financial institutions that might have an interest in the property.
A local newspaper reported in 2009 that Reynolds placed the 12,500 square foot, waterfront house, which he called Valhalla, on the market for $8.9 million
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