Douthit v. Sandersville Production Credit Ass'n

McMurray, Chief Judge.

This is an action by plaintiff Sandersville Production Credit Association (Production Credit Association) arising from the alleged default of defendant under certain promissory notes. The action arises from a lengthy series of transactions between plaintiff and defendant under which plaintiff loaned to defendant sums of money evidenced by several promissory notes and by other instruments securing payment of the notes which provided plaintiff with a security interest in defendant’s land, farm equipment and cattle. Plaintiff’s lien on defendant’s land was junior to a…