Taylor v. Taylor

McMurray, Presiding Judge.

On September 18, 1987, Home Federal Savings & Loan Association of Rome (“Home Federal”) issued a “Jumbo Certificate” in the amount of $100,000 to Donald H. Taylor or Elizabeth Ann Taylor as joint tenants with the right of survivorship. Thereafter, on October 19, 1987, and again on December 11,1987, Donald H. Taylor executed promissory notes, with a face value totalling $100,000, made payable to Home Federal. To secure payment of the notes, Mr. Taylor granted Home Federal a security interest in the Jumbo Certificate.

Mr. Taylor died intestate on February 23, 1988. He…