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HENSON v. DIXIE FINANCE CORP.

38482.

250 Ga. 132 (1982)

296 S.E.2d 593

HENSON v. DIXIE FINANCE CORPORATION OF GEORGIA.

Supreme Court of Georgia.

Decided October 28, 1982.

Attorney(s) appearing for the Case

Willie Abrams, Paul E. Kauffmann, Charles M. Baird, for appellant.

Gambrell, Russell & Mobley, G. Ray Warner, Douglas N. Campbell, for appellee.

JORDAN, Chief Justice.

On May 18, 1978, Mrs. Henson and Dixie Finance entered a loan agreement consisting of a note and a security deed for a first mortgage on certain real property. The principal of the note was $10,190.67, which consisted of $8,912.87 in new cash advanced to Mrs. Henson or paid to her creditors and $1,277.88 covering the unpaid balance of a prior note between Mrs. Henson and Dixie Finance.

Mrs. Henson defaulted on the May 1978 loan, and...

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