Jamison v. Button Gwinnett Savings Bank, FSB

Pope, Judge.

Appellants/plaintiffs David K. Jamison and E. K. Jamison purchased land in Fulton County and built a house on it. Financing for the lot and construction of the house was provided by appellee/defendant Button Gwinnett Savings Bank, FSB (the “bank”). Plaintiffs executed in favor of and delivered to the bank a promissory note (the “note”) in the original principal amount of $434,000, which was secured by a deed to secure debt and security agreement (the “security deed”). The note and security deed were later modified. Plaintiffs subsequently defaulted on payments due pursuant to the…