Ruby Nutting Brayton v. First National Bank in Midlothian

Brayton v. Midlothian

IN THE

TENTH COURT OF APPEALS

No. 10-92-129-CV

RUBY NUTTING BRAYTON,

Appellant

v.

FIRST NATIONAL BANK IN MIDLOTHIAN,

Appellee

From the 40th District Court

Ellis County, Texas

Trial Court # 46,274

O P I N I O N

Ruby Brayton executed a Deed of Trust note ("note") on October 17, 1985, promising to pay First National Bank of Midlothian ("Bank") the principal sum of $108,500, plus interest at thirteen percent per annum. Payment was to be in annual installments of $22,610.32, due each October 17. The note was secured by a Second Lien Deed of Trust ("deed of trust"). The note contained…