The 77-year-old star of “Deliverance,” “Smokey and the Bandit” and other movies found himself in dire financial straits in August 2011. Mortgage lenders filed foreclosure proceedings on his waterfront compound, Valhalla, in Hobe Sound, Fla. The five-bedroom home and two guest houses contain a movie theater, swimming pool, indoor waterfall and boat dock, according to real estate listings. Reynolds had tried to sell the property for $9 million, and then dropped the price in January 2012 to $ million. A check of Martin County, Fla., legal records shows that the actor, who recently performed a one-man show, “An Evening with Burt Reynolds,” at a theater near his home, was still involved in litigation with lenders in August 2012.