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HYRE v. DENISE

A94A1450, A94A1451, A94A1508.

214 Ga. App. 552 (1994)

HYRE et al. v. DENISE. PAXSON et al. v. DENISE. DENISE v. PAXSON et al.

Court of Appeals of Georgia.

Reconsideration Denied September 2, 1994.

Attorney(s) appearing for the Case

White, Smith, Howard & Ajax, John A. Howard, Brooks W. Binder III, for Hyre.

Macey, Wilensky, Cohen, Whittner & Kessler, Susan L. Howick, for Paxson.

Gerber & Gerber, Sanford J. Gerber, for Denise.

BIRDSONG, Presiding Judge.

Geraldine Paxson purchased a condominium in 1976; she financed the property with a first mortgage pursuant to a deed to secure debt. In 1983, Paxson sold the property to Kimberly Denise; Denise was allowed to assume Paxson's first mortgage and Paxson took back a second mortgage on the property. The second mortgage was secured by a promissory note and a security deed (second security deed or second deed to secure debt). The second security...

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