Merrill Lynch Credit Corp. has filed a lawsuit in Martin County against Reynolds, BankAtlantic and Great Eastern Mortgage, claiming the Emmy Award-winning actor has not made a mortgage payment since Sept. 1, 2010 on the 12,500-square-foot house.
Merrill Lynch is asking a judge to order the home sold to satisfy debts. The county property appraiser valued the Mediterranean-style home at $2.4 million.
The Stuart News (http://bit.ly/qRkMj4 ) reports Reynolds tried to sell the home in 2009 for $8.9 million, but he said then that the economy was making it difficult to sell. Reynolds, 75, had a heart bypass operation last year.
Reynolds said in a statement through his publicist Wednesday that he was surprised by the lawsuit.
