Supreme Court of Georgia July 7, 1981, 37086, 37087 (Eiberger v. West)

Smith, Justice.

In 1973, appellee sold appellant certain real estate for $70,000.00. Appellant executed a promissory note payable to appellee in the amount of $60,000.00 “with interest thereon from date at the rate of seven & one-half (7 1/2%) per centum per annum add on, on the unpaid balance until paid, in quarterly installments, as follows: The sum of $2,625.