Baker v. NEI CORP.

Shulman, Judge.

In February 1974, appellees (hereinafter NEI) executed in favor of appellants (hereinafter Baker) a promissory note secured by a deed to secure debt on real property in Cobb County. In March 1974, NEI gave Baker another note secured by another deed to secure debt covering other property in Cobb County. Both deeds contained "dragnet” or "open-ended” clauses reciting that the deed "... is made and intended to secure the payment of the indebtedness mentioned above and evidenced by the Note or other loan documents executed in connection therewith together with any and all other…