Court of Appeals of Georgia December 13, 2013, A13A0988, A13A0989; A13A0990 (Doss & Associates v. First American Title Insurance)

lead-opinion

Boggs, Judge.

This case arises from a $4.75 million loan from Stillwater Asset-Backed Fund, LP (“Stillwater”)1 to Cohutta Water, Inc. Steve Carroll, Cohutta’s president and CEO, guaranteed the loan and executed a security deed for seven parcels of real estate to secure it. Stillwater did not obtain a first-position lien on one of the tracts (48.