Texas Supreme Court December 22, 1995, 95-0301 (Provident National Assurance Co. v. Stephens)

ENOCH, Justice,

delivered the opinion of the Court.

Provident National Assurance Company foreclosed on separate pieces of real estate with one bid price. A.P. Stephens, a guarantor of the notes secured by those properties, defended against Provident’s suit on the guaranties for the deficiency balances on the ground that the single bid precluded Provident’s claims.