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[Download] "Cleo Mae Groseclose and Sandra Groseclose Thornell v. Steven A. Rum and M. Carol Rum" by Fifth District, Dallas Court of Appeals of Texas # Book PDF Kindle ePub Free

Cleo Mae Groseclose and Sandra Groseclose Thornell v. Steven A. Rum and M. Carol Rum

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eBook details

  • Title: Cleo Mae Groseclose and Sandra Groseclose Thornell v. Steven A. Rum and M. Carol Rum
  • Author : Fifth District, Dallas Court of Appeals of Texas
  • Release Date : January 01, 1993
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 73 KB

Description

This is a lawsuit for declaratory relief. Appellants appeal from the trial courts order, which prohibits them from enforcing a "no prepayment" clause on a real estate lien note. Appellants contend, in two points of error, that the trial court erred in granting appellees motion for summary judgment because the note does not violate Article 5069-1.07(f) of the Revised Civil Statutes of Texas, and appellees are estopped from claiming a right of prepayment. Appellants also complain, in a third point of error, that the trial court erred in awarding attorneys fees to appellees. We hold that a material fact issue exists about whether the notes interest rate violates article 5069-1.07(f). Accordingly, we reverse the trial courts judgment and remand this cause for further proceedings.


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