Cruce v. Randall

Banke, Judge.

The appellants purchased a tract of land from the appellees, Randall and Diversi, subject to a security deed securing payment of a promissory note executed as partial payment of the purchase price. The property was also subject to two previous deeds to secure debt held by two previous sellers of the property.

Randall and Diversi subsequently filed suit against the appellants to collect on the note, and the appellants filed a separate suit against Randall and Diversi alleging that the latter had made a fraudulent promise at the closing to obtain partial releases from the holders of…