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VAUGHN & CO. v. SAUL

53986.

143 Ga. App. 74 (1977)

237 S.E.2d 622

VAUGHN & COMPANY, LTD. et al. v. SAUL et al.

Court of Appeals of Georgia.

Decided July 13, 1977.

Rehearing Denied July 28, 1977.

Attorney(s) appearing for the Case

Morris, O'Brien & Manning, Joseph R. Manning, Barry B. McGough, Redfern, Butler & Morgan, C. David Butler, for appellants.

Orr & Edwards, W. Fred Orr, II, Shaw, Pittman, Potts & Trowbridge, Leslie A. Nicholson, Jr., Marck Augenblick, John Engel, for appellees.

WEBB, Judge.

Three loans from the Saul Trust to the Vaughns (Loans 448, 462 and 465) were made at separate times, and each involved a separate promissory note secured by a separate deed to secure debt. Each deed covered a different parcel of property. Saul Trust by exercise of the power of sale foreclosed on the property conveyed as security for Loan 462 (note for $3,100,000 dated June 21, 1974), and was the purchaser at the public sale in Cobb

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