Kurtz v. Gramenz

— On May 7, 1920, appellees, ag vendors, entered into a written contract with appellant, as vendee, for the purchase and sale of 240 acres of land in Chickasaw County, Iowa. The contract provided for a cash payment, which was made, and for deterred payments and execution of mortgages. It also provided that final settlement was to be made orz March 1, 1921, at which time the vendor was to execute and deliver to the vendee a deed with the ordinary covenants of warranty, together with an abstract of title showing good and merchantable title to the premises, subject to mortgages which were to be…