Willis v. Rabun County Bank

Clarke, Justice.

Upon reviewing this case on appeal, the Court of Appeals held that the joint and several liability of four individuals in a previous real estate loan activates the “dragnet” clause contained in a subsequent deed to secure debt executed to the same lender by two of the individuals. Willis v. Rabun County Bank, 161 Ga. App. 151 (291 SE2d 52) (1982). We granted certiorari and now we affirm.

Willis and Wiley, together with two other individuals, secured a business loan from Rabun County Bank. The promissory note indicated that the money was borrowed by a partnership but provided…