Resolution Trust Corp. v. Ammons

OPINION

OLIVER-PARROTT, Chief Justice.

This Court is asked to determine whether the trial court properly granted a summary judgment in a suit on a promissory note in favor of appellee, Geri Ammons. We find that it did not, and reverse the judgment of the trial court and remand the cause. Background

On March 8, 1988, appellee, Geri Am-mons, executed a promissory note in the amount of $17,526.32 payable to American Savings and Loan Association of Brazoria County, Texas (American). The note was executed as a renewal of a previous obligation between American and Ammons. The note provided that…