CRIDER v. FIRST NATIONAL BANK

54310, 54311.

144 Ga. App. 536 (1978)

241 S.E.2d 638

CRIDER et al. v. FIRST NATIONAL BANK OF LOUISVILLE et al. MORTGAGE ASSOCIATES, INC. v. CRIDER et al.

Court of Appeals of Georgia.

Decided January 18, 1978.


Attorney(s) appearing for the Case

James W. Garner, G. Gibson Dean, for Crider et al.

F. Carlton King, Jr., Philip S. Coe, for Mortgage Associates, Inc.

Hansell, Post, Brandon & Dorsey, Philip S. Coe, F. Carlton King, Jr., G. Gibson Dean, for First National Bank of Louisville et al.


McMURRAY, Judge.

In December, 1973, a loan commitment was made by Mortgage Associates, Inc. for the making and funding of a loan in the amount of $1,200,000 to Clairmont Development of Georgia Co. for the construction of and development of a shopping center known as Town & Country Shopping Center located in Loganville, Walton County, Georgia. The loan was evidenced by a note in the amount of $1,200,000. However, the...

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