Overholt v. Merchants & Planters Bank

OPINION

SANDERS, Judge.

Plaintiffs have appealed from a decree of the chancery court denying them relief from a wrongful foreclosure under a deed of trust.

In 1974 George G. Hill and wife executed a deed of trust to Defendant-Appellee, James E. Robinson, Trustee, on four contiguous pieces of land in Cocke County. The deed of trust was to secure a $50,000 note payable to the Defendant-Appellee, Merchants & Planters Bank, bearing 9% interest, payable in 143 installments of $400 each *464and one last installment of $24,738.88. The deed of trust also provided: “The first payment due _ and succeeding…