Drury v. Lehmann

OPINION

MURRAY, Justice.

On October 12, 1971, William E. Hunt and wife, Pauline Usrey Hunt, conveyed certain real property located in Guadalupe County, Texas, to Arnold Lehmann, Jr., and wife, Elaine M. Lehmann, appellees, by general warranty deed. As part of the consideration for the sale a promissory note in the amount of $27,000 was given by the appel-lees to the Hunts. In addition, the appel-lees executed a deed of trust securing the $27,000 note as a second lien.

The promissory note provided that the unpaid balance would be canceled and the liens released at the death of the survivor of…