Mutual Federal Savings & Loan Association v. Reynolds

Birdsong, Judge.

Appellant, Mutual Federal Savings & Loan Association of Atlanta, brought suit against multiple defendants upon a note executed by the various defendants, said note being secured by real estate. Upon the note coming into default, Mutual Federal foreclosed on the collateral, and a deficiency resulted. On March 2, 1977, Mutual Federal successfully caused the sale to be confirmed and sought recovery of the deficiency from the defendants; service was obtained upon all the defendants still residing within the State of Georgia. Relying upon Ga. L. 1970, pp. 443, 444 (Code Ann. §…