MILLER, Justice.
The question confronting us in this case is whether a deed, absolute on its face, coupled with an oral repurchase option in the grantor, was in reality a mortgage of a rural homestead, which mortgage provided for usurious interest. The court below held that it was such a mortgage. We reverse and render in part and modify and affirm in part.
The subject matter of the action is three tracts of land, comprising 103.80 acres in Austin County,...
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