TUCKER FED. SAVINGS &c. ASSN. v. ALFORD

66645.

169 Ga. App. 38 (1983)

311 S.E.2d 229

TUCKER FEDERAL SAVINGS & LOAN ASSOCIATION v. ALFORD et al.

Court of Appeals of Georgia.

Decided November 28, 1983.


Attorney(s) appearing for the Case

Walter C. Alford, for appellant.

William F. C. Skinner, Jr., for appellees.


DEEN, Presiding Judge.

On October 22, 1971, appellees Paul Alford, Cecil Alford, and Ralph Norton executed a real estate note with the appellant for $82,000, giving a deed to secure debt on certain property in DeKalb County. On May 22, 1972, they executed another security deed regarding the same property for a loan of $129,000 obtained from the appellant. Both deeds to secure debt contained the following due on sale clause: "It is expressly agreed that should the...

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