CAMERON v. CHURCHILL MTG. CORP.

38320.

249 Ga. 362 (1982)

290 S.E.2d 474

CAMERON et al. v. CHURCHILL MORTGAGE CORPORATION.

Supreme Court of Georgia.

Decided May 4, 1982.


Attorney(s) appearing for the Case

Winship E. Rees, for appellants.

Hansell, Post, Brandon & Dorsey, F. Carlton King, Jr., R. Matthew Martin, for appellee.


SMITH, Justice.

Appellants, brother and sister, having senior liens on a tract of land, executed subordination agreements by which they agreed to subordinate their liens to the lien of a construction loan. Appellants contend the subordination agreements should be set aside. The trial court disagreed. For reasons that follow, we affirm.

Appellants owned a 322-acre tract of land in Walton County. On October 22, 1973, they sold 23 acres of this land to Clairmont...

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