~~United States~~ ~~Securities~~ UNITED ~~and Exchange Commission~~STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________

FORM 8-K

~~CURRENT~~ ~~REPORT PURSUANT TO SECTION 13 OR 15(D) OF The SECURITIES EXCHANGE ACT OF 1934~~______________

~~Date of Report (Date of~~ ~~earliest~~CURRENT ~~event reported):~~REPORT

~~April~~ Pursuant ~~20,~~to Section 13 or 15(d) of the Securities ~~2007~~Exchange Act of 1934

Date of Report (Date of earliest event reported): October 11, 2017

Security Land and Development Corporation

(Exact name of registrant as specified in its charter)

GEORGIA	0-7865	58-1088232
Georgia	0-7865	58-1088232
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

2816 Washington Road, 103~~, Augusta, GA 30909~~

~~(707)736-6334~~ Augusta, GA 30909

(Address of Principal Executive Office) (Zip Code)

(706) 736-6334

(Registrant’s telephone number, including area code)

~~(Former~~ Check ~~name~~the orappropriate ~~former~~box below ~~address,~~ if ~~changed~~the ~~since~~Form ~~last~~8-K ~~report)~~filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

~~Check the~~ ~~appropriate~~¨ Written ~~box~~communications ~~below~~pursuant ~~if the Form 8-K filing is intended~~ to ~~simultaneously~~Rule ~~satisfy~~425 ~~the filing obligation of the registrant~~ under ~~any of~~ the ~~following provisions~~Securities Act (~~see~~17 ~~General~~CFR ~~Instruction A~~230.~~2. below~~425):

~~o Written~~ ¨ Soliciting ~~communication~~material pursuant to Rule ~~425~~14a-12 under the Exchange ~~Securities~~ Act (17 CFR ~~230~~240.~~425~~14a-12)

~~o Soliciting~~ ¨ Pre-commencement ~~material~~communications pursuant to Rule ~~14a~~14d-122(b) under the Exchange Act (17 CFR 240.~~14a~~14d-122(b))

o ¨ Pre-commencement communications pursuant to Rule ~~14d~~ 13e-24(bc) under the Exchange Act (17 CFR 240.~~14d~~13e-2 4(bc))

~~o Pre-commencement~~ ~~communications~~Indicate ~~pursuant~~by tocheck mark whether the registrant is an emerging growth company as defined in Rule ~~13e-4~~405 of the Securities Act of 1933 (c17 CFR §230.405) ~~under~~or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.~~13e~~12b-4©2).

~~ITEM: 1.01 ENTRY~~ ~~INTO~~Emerging Agrowth company ~~MATERIAL DEFINITIVE AGREEMENT~~¨

~~On April 20, 2007~~ ~~Security~~If ~~Land~~an ~~and Development Corporation executed a Secured Promissory Note to~~emerging ~~borrow~~growth ~~the principal sum of Three Million Dollars ($3~~company,~~000,000.00)~~ ~~from Principal~~indicate ~~Life~~by ~~Insurance~~check ~~Company~~mark ~~using~~if the ~~Company’s~~registrant ~~Lease~~has ~~Agreement~~elected ~~with~~not ~~Hull Storey Acquisitions, LLC~~ to ~~ground lease~~ use the ~~Company’s~~extended ~~property~~transition inperiod ~~Evans, Georgia~~for ascomplying awith ~~Lowe’s~~any ~~Home~~new ~~Center,~~or asrevised ~~collateral.~~ financial ~~The~~accounting ~~Loan~~standards ~~has~~provided apursuant ~~fixed~~to ~~interest~~Section ~~rate of five and eighty-five one-hundredths percent~~ 13(~~5.85%~~a) ~~per annum and a maturity date~~ of ~~May 1, 2027. The purpose of~~ the ~~loan~~Exchange ~~is to pay off existing loans with another financial institution and to purchase more land for future development~~Act. ☐

OnItem ~~April 26, 2007 Security Land and Development Corporation formed SLDC2, LLC, a Georgia Limited Liability Company, which was assigned title to the purchase of 13~~5.5702 Departure ~~acres~~ of ~~land~~ ~~located~~Directors onor ~~US Highway 25, near the City of North Augusta, South Carolina~~Certain ~~(TMS 011-07-03-002 and 011-07-03-012), in the amount of TWO MILLION ONE HUNDRED SEVENTY-ONE THOUSAND TWO HUNDRED AND NO/100 DOLLARS, ($2,171,200.00).~~Officers

~~ITEM: 9~~On May 29, 2017, M.~~01 FINANCIAL~~ ~~STATEMENTS~~David ~~AND~~Alalof ~~EXHIBITS~~elected to sell his 106,360 shares, his entire holding in the company, back to the company and effectively resigned from the Board of Directors.

EXHIBIT 99.1 SECURED PROMISSORY NOTE

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DATED: MAY 9, 2007
DATED: October 11, 2017	BY: /S/ T. GREENLEE FLANAGIN
	BY:	/S/ T. GREENLEE FLANAGIN
	T. GREENLEE FLANAGIN, PRESIDENT
		T. GREENLEE FLANAGIN, PRESIDENT
	CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER

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