CARLEY, Judge.
Appellee-defendant executed in appellant-plaintiff's favor a promissory note and three deeds to secure debt. On March 27, 1985, which was subsequent to appellee's default on the note but prior to any foreclosure on the properties, the parties entered into an agreement. The stated purpose of this agreement was "[t]o avoid the expense and notoriety of foreclosure proceedings..." The agreement provided that, in lieu of foreclosure, appellee would execute...
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