Williams v. Garnett

HALL, Justice.

On August 18, 1978, plaintiff Wesley H. Garnett, Jr., executed an earnest money contract with defendant Raymond R. Williams under which plaintiff and his wife agreed to sell, and defendant and his wife agreed to buy a house and three lots located in the City of Robinson, in McLennan County, for the total price of $47,135.93, payable as follows: $12,000.00 cash to plaintiff by defendant, and defendant’s assumption of the unpaid balance of a promissory note in the amount of $35,135.93 owed by plaintiff on the property to a local savings and loan association. The note was payable…