Shumway v. Horizon Credit Corp.

801 S.W.2d 890 (1991)

Gene A. SHUMWAY and Sandra Shumway, Petitioners,

v.

HORIZON CREDIT CORPORATION, Respondent.

No. C-8669.

Supreme Court of Texas.

January 16, 1991.

Debra Jo Catlett, Houston, for petitioners.

Mary Lou Leyh, Patricia Ann Hancock, Houston, for respondent.

OPINION

HECHT, Justice.

The question presented is whether the makers of a promissory note contractually waived their rights to presentment, notice of the note holder's intent to accelerate, and notice of acceleration of the balance due on the note upon default. The trial court rendered summary judgment for the note holder, and the…