General American Life Ins. Co. v. Hamor

JACKSON, Justice.

On November 25, 1921, C. F. Hamor and his wife, Kate Hamor, obtained a loan of $20,000 from the Commerce Farm Credit Company, a Texas corporation, payable on December 1, 1931. They executed therefor their note, providing for interest payable annually at the rate of 6 per cent, per annum from date until maturity, evidenced' by interest coupons attached thereto. This note was secured by a first mortgage lien on section 12 and the north one-half of section 29, in block D-6, in Fíale county, Tex. Concurrently therewith, they executed five other interest notes, secured by a second…