Brinton v. Johnson

— This is an action to foreclose a purchase-price mortgage on real property commenced February 28, 1920. This mortgage provided for the payment of interest semi-annually, and in case of default, the holder might elect to declare the entire indebtedness due. August 28, 1919, appellant, by warranty deed, “granted” to respondents, Auguste Johnson and J. A. Johnson, wife and husband, certain lots in the city of Lewiston. The entire purchase price was $24,781.25. The purchasers made a cash payment and executed this mortgage to appellant in the sum of $12,380 for the balance of the purchase price.…