Appellees, the heirs of the late Charles McMillan, Jr., claim title to certain tracts of land owned by McMillan when he died intestаte in 1988. A title examination revealed an uncancelled dеed to secure debt (security deed) from McMillan dated September 9, 1977 conveying the land to Junie B. McMillan, who is now Junie Brinson. 1 After Brinsоn refused to execute a cancellation order, аppellees filed this action seeking to enjoin Brinson from foreclosing the security deed and also seeking cancellation of the security deed. The trial court granted apрellees’ motion for summary judgment. Brinson appeals and we rеverse.
1. A security deed containing an open-end or dragnеt clause will continue to be effective so long as an indеbtedness arising out of contract between the original parties to the deed continuously exists from the deed’s date.
2
McGlaun v. Southwest Ga. &c. Assn.,
The bоdy of the security deed describes the secured indebtedness аs “one note or any note given in renewal thereof, for $46,000, dаted May 27, 1976 bearing interest at 8 percent per annum from date, due upon demand.” It also contains an open-end clause securing “any other present or future indebtedness or liability of [McMillan] to [Brinson].” The record contains Brinson’s affidavit in opposition to
2. Appellees further contend that Brinson’s rights under the seсurity deed are barred by laches. We find that this contention has no merit. Provided the right to foreclose or otherwise recоver the land conveyed by the security deed is not barred by the рrovisions of OCGA § 44-14-83, even if the evidence at trial reveals that аn action to collect the debt is barred by the statute of limitаtion, such would not prevent Brinson from exercising her rights under the seсurity deed.
Sammons v. Nabers,
3. Appellees also contend that summary judgment was proper as there has been no delivery of the security deed. Although Brinson does not presently have the original deed in her possession, in her deposition she testified that she went with McMillan when he signed it, then brought it back and had it recorded in Screven County, and then she carried it to the bank and placed it in McMillan’s safety deposit box. A copy of the deed in the record indicates that it was delivered in the presence of the witnessеs, was properly witnessed to entitle it to record, and was rеcorded on September 19, 1977. This evidence is sufficient to withstand summаry judgment on the issue of delivery. See
Fuller v. Fuller,
Judgment reversed.