Luczak v. Mariove

Foster, Y. C.

This hill seeks a decree for the specific performance of a contract dated November 25th, 1919, for the sale of real estate in’ the city of Newark, made by the defendants with the complainants.

By the terms of the contract title was to ‘be passed on February 1st, 1920, and $500 was paid on account of the purchase price of $20,000. Of .the balance of the purchase-money, $17,-500 was to be paid in cash and $2,000

“by a mortgage on the premises * * * at the interest of six per cent, per annum, interest payable semi-annually, principal of said mortgage to be payable at any time within…