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REAL ESTATE EXCHANGE, INC. v. BACCI

No. 01-84-0248-CV.

676 S.W.2d 440 (1984)

REAL ESTATE EXCHANGE, INC., et al., Appellants, v. Leonardo S. BACCI, et al, Appellees.

Court of Appeals of Texas, Houston (1st Dist.).

August 9, 1984.

Attorney(s) appearing for the Case

James H. Leeland, Walsh, Squires & Tompkins, Houston, for appellants.

Greg Savage, Hoover, Cox & Shearer, Houston, for appellees.

Before EVANS, C.J., and WARREN and JACK SMITH, JJ.

OPINION

WARREN, Justice.

This is an appeal from an order temporarily enjoining appellants from foreclosing its lien on an apartment complex in Harris County. We reverse.

In June 1980, appellees purchased an apartment complex in Harris County and as partial payment of brokerage fees due appellants, they executed a promissory note, secured by a deed of trust on the property. The promissory note was payable in monthly installments due on the first day...

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