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FIRST NATIONAL BANK v. BLUM

53498.

141 Ga. App. 485 (1977)

233 S.E.2d 835

FIRST NATIONAL BANK OF ATLANTA et al. v. BLUM.

Court of Appeals of Georgia.

Decided February 18, 1977.

Rehearing Denied March 2, 1977.

Attorney(s) appearing for the Case

Hansell, Post, Brandon & Dorsey, Charles E. Watkins, Jr., for appellants.

Moreton Rolleston, Jr., George W. Hart, for appellee.

WEBB, Judge.

Peter E. Blum borrowed in 1974 from First National Bank $750,000, conveying as security therefor certain Atlanta property in Fulton County. By the deed to secure debt he agreed to pay all ad valorem taxes "before the same became delinquent." Blum's 1975 ad valorem taxes aggregated about $40,000 and he protested and requested arbitration. After appealing an adverse result to the superior court he settled the...

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