DuPREE v. SunTrust Bank

MlKELL, Judge.

Tom E. DuPree, Jr., appeals from the grant of summary judgment to SunTrust Bank in its action on a promissory note executed by DuPree on May 10, 2008, in the amount of $420,000. The note was secured by three tracts of land, as evidenced by the Commercial Security Agreement and security deed executed in connection with the note. DuPree admits that he failed to pay the note when it became due, and he asserts no defense to nonpayment. He contends, however, that the Bank should be required to foreclose on the collateral first instead of suing him on the note to recover damages for…