Britt v. Allen

BROCK, Chief Judge.

The plaintiffs’ evidence, taken in the light most favorable to plaintiffs, tends to show the following: Plaintiffs executed a deed of trust dated July 20, 1961, to Archie L. Smith, trustee for People’s Savings and Loan Association, to secure the payment of their note in the sum of $3,000.00. The deed of trust conveyed approximately 331/2 acres of land, including plaintiffs’ homeplace. Between 1961 and October 1966 plaintiffs reduced the indebtedness to People’s Savings and Loan to approximately $2,200.00. Also, during this period, plaintiffs executed a second lien deed of…