If the deed is given to secure debts due by installments and is enforced before any one of the installments falls due and there is a surplus of funds as stated in Code Section 44-14-125, the court may retain the funds or order them to be invested to meet the unpaid installments.
History. Ga. L. 1896, p. 76, § 7; Civil Code 1910, § 3317; Code 1933, § 67-1207.
Structure Georgia Code
Chapter 14 - Mortgages, Conveyances to Secure Debt, and Liens
§ 44-14-120. Enforcement of Rights; Petition; Order
§ 44-14-121. Defense by Maker; When and How Made; Affidavit
§ 44-14-122. Action Against Maker’s Personal Representative
§ 44-14-124. Judgment; Lien Thereof; Levy and Sale of the Land