Watts v. Martin

Appellee Martin, being* indebted to appellant in the sum of $550.15 for borrowed money, executed and delivered to appellant his promissory note therefor, dated January 1, 1936, due one year later, with interest from date at 10 per cent, per annum, and to secure the payment thereof, on January 11, 1936, he and his wife executed and delivered to him their deed of trust on a certain 2%-acre tract of land in Mountain View, which was duly filed for record and recorded on January. 14, 1936. Said note not having* been paid at maturity, this action of foreclosure was filed June 27, 1940. The…