Smart, Administratrix v. Owen

On February 10, 1937, L. J. Smart, be-ing indebted to appellee, W. E. Owen, executed a series of twelve notes to appellee, payable annually from February 10, 1938, to February 10, 1949; bearing interest at the rate of six per cent, from date until paid. Eleven of the notes were for $200 each and the last for $168.67. To secure this indebtedness, L. J. Smart and his wife, Audie Smart, on the same day executed and delivered a deed of trust to appellee covering 189 acres of land in Columbia county, which included their homestead. L. J. Smart farmed these lands and borrowed other moneys from…