Chaves v. Todaro

OPINION

MIRABAL, Justice.

This is an appeal by writ of error from a default judgment.

Henry M. Todaro and Dorothy M. Todaro Trust (the Todaros) filed suit alleging that on August 12, 1979, they and several other individuals conveyed to Nilson B. Chaves an apartment project on Westview Drive in Houston, Texas. In return, Chaves executed a promissory note for $2,450,000 and a deed of trust to secure its payment. The promissory note stated that payments were to be sent to 23711 Cavanaugh Road, El Toro, California. Notices under the note were to be sent to Chaves at 636 Woodland Street, Orange,…