Gibson v. Doughty

Appellees brought this suit .on February 5, 1936, seeking recovery on a. debt secured by a deed of trust and for foreclosure of that instrument. The debt secured by the mortgage was the sum of $5,000, due December 1, 1930. The deed of trust was properly executed and acknowledged and placed of record. On September 15, 1930, an extension agreement was executed and delivered to the trustee by which the due date of .the debt secured by the original deed of -trust was extended to December 1,1935. This extension agreement was duly recorded and there. was ..endorsed upon the’margin-of the original…