Skeen v. Glower

1. Where a purchaser of lands that are subject to the lien of a security deed previously executed by the grantor under seal, to secure his note given under seal, takes a warranty deed which recites that he as purchaser assumes the indebtedness evidenced by the note and secured by the lien, as a part of the purchase-price, such recital constituting the only evidence of the assumption of such debt, and the purchaser fails to pay off and discharge the indebtedness and lien, and is sued by his grantor for the amount paid by him in satisfaction of a deficiency judgment obtained against him by the…