Hartman v. Peterson

On February 14, 1952, by written contract duly recorded April 21, 1952, defendant and wife sold a Des Moines suburban residence property, known as 4944 Urbandale Avenue, to Joe F. Lavia and wife, for a consideration of $13,950, with a cash down payment, and the balance of the purchase price payable in monthly installments beginning March 1, 1952. The contract contained the usual forfeiture clause. The purchasers promptly took possession of the property and occupied it until about September 3, 1952. At that time they were in arrears $797 in their payments. Defendant had not begun forfeiture…