Boles v. Missouri State Life Ins. Co.

BAUGH, Justice.

On October 27, 1922, George M. Boles borrowed from the Temple Trust Company $60,-000, executed his note for that amount, due May 1, 1933, bearing interest at the rate of 6 per cent, per annum, evidenced by interest coupons attached, and secured by a first deed of trust on 4,445 acres of land in Lubbock county, Tex. In addition to the principal note he executed an additional interest note for $12,616.65, due $616.65 on May 1, 1923, and $1,200 on the first of May of each year thereafter until paid, and its payment secured by a second deed of trust on the same land. The latter…