Rivers v. Rice

Jordan, Justice.

Mrs. Eugene Clark Rivers appeals from the denial of an interlocutory injunction and the vacating of a temporary restraining order.

On January 30, 1970, Mrs. Rivers sold certain real property to Davro, Inc., for $65,000, and Davro executed a note and security deed to Mrs. Rivers. This security deed recited that: "Grantee [Mrs. Rivers] herein agrees to subordinate all of her rights, title, interests and claims herein and hereunder, to any security deed hereafter given by grantor herein (or its successors in title or assigns) to any bank, savings and loan association, insurance…