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GIORDANO v. FEDERAL LAND BANK

63934.

163 Ga. App. 390 (1982)

294 S.E.2d 634

GIORDANO v. FEDERAL LAND BANK OF COLUMBIA et al.

Court of Appeals of Georgia.

Decided September 9, 1982.

Attorney(s) appearing for the Case

Richard D. Elliott, Michael A. Dailey, for appellant.

William H. Blalock, Jr., Robert P. Wilson, W. John Wilson, J. Douglas Stewart, for appellees.

QUILLIAN, Chief Judge.

Appellee Sam Giordano made application to the Federal Land Bank of Columbia through its regional bank in Gainesville for a loan in the amount of $150,000.00. As a part of the transaction Sam Giordano executed a Deed to Secure Debt to the Land Bank covering 225 acres of land located in White County, Georgia. A promissory note in the amount of $150,000.00 was signed which called for one annual installment payment of interest only and 29 subsequent...

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