Legal Opinion
Phillips v. Marcin
Court of Appeals of Georgia
Decided April 28, 1982No. 63866PublishedCited by 4 opinions
1Opinion of the Court
Deen, Presiding Judge.
In February, 1975, the defendants Robert and Zelma Phillips executed a promissory note to plaintiff Marcin for $29,963.82. The note was secured by a security deed to residential premises for a total *203purchase price of $75,000. The Phillips assumed a first loan deed in the face amount of $40,000 and gave the sellers a second loan deed in an amount equal to that of the note.
The note contained an acceleration clause on failure to pay monthly installments when due. The Phillips agreed to keep the property insured for $65,000 with loss payable to Marcin, to pay all taxes when…
2Cases cited6 opinions
- Harley-Davidson Motor Co. v. DanielSupreme Court of Georgia · 1979
- Grantham Transfer Co. v. HawesSupreme Court of Georgia · 1969
- Whiteside v. Douglas County BankCourt of Appeals of Georgia · 1978
- Bright v. Stubbs Properties, Inc.Court of Appeals of Georgia · 1974
- Graham Bros. Construction Co. v. Seaboard Coast Line RailroadCourt of Appeals of Georgia · 1979
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Walton v. DatryCourt of Appeals of Georgia · 1987
- Hampton Island, LLC v. HAOP, LLCCourt of Appeals of Georgia · 2010
- Scott v. Hussmann Refrigeration, Inc.Court of Appeals of Georgia · 1987
- Thigpen v. JohnsonCourt of Appeals of Georgia · 1984