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BELLAMY v. SUNFLOWER PROPERTIES, INC.

No. A98A2219.

523 S.E.2d 659 (1999)

240 Ga. App. 647

BELLAMY et al. v. SUNFLOWER PROPERTIES, INC. et al.

Court of Appeals of Georgia.

Reconsideration Denied November 3, 1999.

Certiorari Denied March 3, 2000.

Attorney(s) appearing for the Case

Michael Kessler, Cumming, for appellants.

John W. Mrosek, Fayetteville, for appellees.

McMURRAY, Presiding Judge.

In 1991, appellants-plaintiffs Kenneth Bellamy and Ivory Bellamy conveyed title to certain unimproved land in Fayette County to appellee-defendant Sunflower Properties, Inc. ("Sunflower"). Sunflower, in turn, used the land as collateral for a construction loan from Southern Federal Savings Association of Georgia to build a home for the Bellamys, executing a security deed in favor of Southern. Subsequently, the construction loan was defaulted...

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