SHINE LAUNDRY, INC. v. WASHINGTON LOAN &c. CO.

41626.

112 Ga. App. 827 (1965)

146 S.E.2d 371

SHINE LAUNDRY, INC. v. WASHINGTON LOAN & BANKING COMPANY.

Court of Appeals of Georgia.

Decided December 3, 1965.


Attorney(s) appearing for the Case

Rupert A. Brown, Joseph J. Gaines, for appellant.

Wilbur A. Orr, for appellee.


HALL, Judge.

For the purpose of this case the difference between a mortgage and a deed to secure debt is immaterial. Stapler v. Anderson, 177 Ga. 434, 435 (170 SE 498). Therefore, for convenience we will sometimes refer to the grantor of a deed to secure debt as the "mortgagor" and the grantee of a deed to secure debt as the "mortgagee."

It is the law in Georgia, as in other jurisdictions, that when the owner of property encumbered by a mortgage or...

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