Equity Title, Inc. v. First National Bank & Trust

ALLEN, Judge.

Appellant, Terry W. Chandler, guarantor on a promissory note made by appellant, Equity Title, Inc., appeals from a judgment entered against him personally as guarantor. Chandler contends that he was released from his guaranty when the note was extended under terms materially altering the principal’s original obligation. While we agree that the extensions materially altered the principal’s obligation, we find that the evidence presented below provided a sufficient basis for the trial court to find that Chandler consented to the terms in the note extensions. Accordingly, we affirm…