Vista Development Joint Venture II v. Pacific Mutual Life Insurance Co.

OPINION

DUGGAN, Justice.

This is an appeal from a summary judgment holding the makers of a promissory note, following default and foreclosure, liable under the note’s personal recourse provisions for property taxes due and unpaid before foreclosure. In three points of error, appellants, the note’s makers, allege the trial court erred in granting summary judgment because: (1) the evidence established as a matter of law that their liability for payment of property taxes was extinguished by the foreclosure; (2) the evidence established that appellees, the note’s payees and purchasers of the…