Woods v. Wolf

The opinion of the court was delivered by

Dawson, J.:

This appeal is to settle the question whether defendant mortgagors were entitled to 6 months 'or to 18 months to redeem their property sold in foreclosure under the following circumstances :

Plaintiff sold to defendants a half section of land for $40,000, on terms, viz.:

Cash paid by defendants............................................. $7,000

First mortgage on property assumed by defendants................... 14,000

Second mortgage on property given by defendants to plaintiff......... 19,000

Defendants defaulted on payment of interest on the…