Tennessee Supreme Court August 31, 1987 (Nichols v. Springfield Production Credit Ass'n)

*278OPINION

FONES, Justice.

This case was consolidated with Smfb v. Kirby, 737 S.W.2d 271, in this Court, because the primary issue in both cases was whether the debtors’ waiver of the “equity of redemption” in a deed of trust effectively waived the statutory right of redemption granted in T.C.A. § 66-8-101 et seq.

In Swift v.