In july of 1978 arnold executed a deed of trust to sentry savings association the deed of trust impressed a lien upon real estate purchased by arnold through a loan from sentry the lien secures payment of arnolds promissory note to sentry in the principal sum of 18750000 bearing interest at the rate of 975 per annum. Reynolds chief justice sonny arnold incorporated foxmoor of california and jeffrey leland wilson appeal from the trial courts denial of their application for a writ of injunction to temporarily enjoin sentry savings association and lorin kumley substitute trustee from conducting a sale of real estate by authority of an optional due on sale provision 1 in the deed of trust. Docket no no 9247 judges reynolds chief justice attorneys mccleskey harriger brazill graf george h mccleskey lubbock bass hobbs r byrn hobbs jr . Opinion for sonny arnold inc v sentry sav assn 602 sw2d 90 brought to you by free law project a non profit dedicated to creating high quality open legal information. Sonny arnold inc v sentry sav assn 633 sw2d 811 tex 1982 mattern v herzog 367 sw2d 312 tex 1963 the burkes borrowed 76200 from appellant metropolitan savings loan association hereafter metropolitan to finance such purchase and executed a promissory note in said sum payable 821 in monthly installments the note
How it works:
1. Register a Free 1 month Trial Account.
2. Download as many books as you like ( Personal use )
3. No Commitment. Cancel anytime.
4. Join Over 100.000 Happy Readers.
5. That's it. What you waiting for? Sign Up and Get Your Books.