Bentley v. Nat. Bank of Walton County

Deen, Presiding Judge.

Johnny Dean Bentley appeals from the award of summary judgment to appellee National Bank of Walton County (“bank”) in an action involving seven promissory notes executed by appellant, both individually and as a corporate officer, in favor of appellee and secured by inventory, equipment, and real property. The principal amount of the loans totaled approximately $199,000; with interest, the amount owing at the time the bank instituted the action below totaled more than $208,000.

In exchange for a promissory note for $69,000, appellant acquired from the bank the assets of a…