Court of Appeals of Georgia February 4, 1981, 60657 (Slappey Builders, Inc. v. Federal Deposit Insurance)

McMurray, Presiding Judge.

On May 8, 1974, Slappey Builders, Inc. executed a real estate note and a deed to secure debt in favor of Hamilton Mortgage *344Corporation, a Tennessee corporation, as lender, in the amount of $46,400. Certain improved real property therein described as located in DeKalb County was the security for the indebtedness. The note was individually guaranteed by T. G.