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FINANCIAL UNDERWRITERS, INC. v. WARREN

Civ. 5177.

485 So.2d 336 (1986)

FINANCIAL UNDERWRITERS, INC. v. Raymond S. WARREN and Betty O. Warren.

Court of Civil Appeals of Alabama.

Rehearing Denied February 12, 1986.

Attorney(s) appearing for the Case

Greg Jones, Robertsdale, for appellant.

Robert A. Wills, Bay Minette, for appellee.

WRIGHT, Presiding Judge.

Financial Underwriters, Inc. (Financial) brought suit on a promissory note against Raymond and Betty Warren in the Circuit Court of Baldwin County. After an ore tenus hearing, the court rendered a judgment in favor of the Warrens. Financial appeals from that judgment.

The Warrens purchased certain real property from Financial in 1982. Title to the property was conveyed by a deed with vendor's lien. The property was subject to a first...

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