Legal Opinion
Light v. Equitable Mortgage Resources, Inc.
Court of Appeals of Georgia
Decided May 17, 1989No. A89A0776PublishedCited by 7 opinions
1Opinion of the Court
Deen, Presiding Judge.
The appellants, Gary Light and James Cooley, entered an agreement with North River Builders, Inc. (North River), for North River to acquire certain real property and build two houses on it. In June 1985 North River, which had obtained financing for other projects from the appellee, executed a $975,000 real estate note in favor of the appellee, secured by a deed to secure debt. The appellants co-signed the note and the deed to secure debt as guarantors. North River and the appellee then executed a construction loan agreement delineating the terms of advancing the loan…
2Cases cited4 opinions
- General Motors Corp. v. WalkerSupreme Court of Georgia · 1979
- Southeast Grading, Inc. v. City of AtlantaCourt of Appeals of Georgia · 1984
- Maddox v. BrownCourt of Appeals of Georgia · 1988
- Reid v. SaulCourt of Appeals of Georgia · 1978
3Cited by7 opinions
- Bishop v. Mangal Bhai Enterprises, Inc.Court of Appeals of Georgia · 1990
- Scott v. Mamari Corp.Court of Appeals of Georgia · 2000
- Dunlap v. First Rock Credit Corp.Court of Appeals of Georgia · 1990
- First Bank of Georgia v. Robertson Grading, Inc.Court of Appeals of Georgia · 2014
- Threadmill, Ltd. v. FIRST UNION NATIONAL BANK OF GEORGIACourt of Appeals of Georgia · 1993
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