Pendergrast v. Ewing

Carley, Judge.

On February 15, 1974, New London Enterprises, Inc. (hereinafter “New London”) executed a promissory note in favor of appellant and his sister-in-law, Lelia Tenney, in the original principal amount of $321,795. The indebtedness evidenced by said note was secured by a deed to secure debt covering a certain tract of land located in Gwinnett County, Georgia. Thereafter, the property was conveyed by New London to Harvie Ewing, appellee’s husband. Subsequent to the conveyance from New London to Ewing, the first security deed from New London to Pendergrast and Tenney was modified to…