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LOGAN v. FIRST BANK OF HOUSTON, TEX.

No. 09-86-223 CV.

736 S.W.2d 927 (1987)

James H. LOGAN and Bonnie H. Logan, Appellants, v. FIRST BANK OF HOUSTON, TEXAS, Appellee.

Court of Appeals of Texas, Beaumont.

Rehearing Denied September 23, 1987.

Attorney(s) appearing for the Case

John E. Wright, Malone, Walsh & Wright, Huntsville, for appellants.

Mike Morris, Tekell, Book, Matthews & Limmer, Houston, for appellee.

OPINION

DIES, Chief Justice.

On September 26, 1975, James H. Logan executed a deed of trust on a 114-acre tract of land in San Jacinto County in favor of First Bank of Houston (Bank) as security for a $300,000 loan. When Logan defaulted on the loan secured by the deed of trust, the trustee began foreclosure proceedings on the property. On January 26, 1979, James H. Logan and Bonnie H. Logan filed suit in Cause Number 6442 seeking to enjoin the foreclosure...

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