Rainer v. Security Bank & Trust Co.

182 Ga. App. 171 (1987)

354 S.E.2d 882

RAINER et al.

v.

SECURITY BANK & TRUST COMPANY.

73000.

Court of Appeals of Georgia.

Decided March 17, 1987.

Joe S. Champion, for appellants.

Robert L. Kraselsky, for appellee.

BENHAM, Judge.

Appellants Rainer, husband and wife, filed suit against appellee bank, alleging the bank had refused to cancel a collateral note, a deed to secure debt, and a hypothecation agreement despite payment in full of the underlying indebtedness. The bank answered and defended its refusal to cancel on the ground that the deed to secure debt and the hypothecation agreement, by means of…