Muender v. Muender

It is the contention of the adminis-tratrix that the note in question was to be payable out of the proceeds of the land contract and not otherwise, and that it did not constitute a personal obligation on the part of George H. Muender. It is argued that the clause:

“This note represents the equity of payee in a land contract between Geo. H. Muender and Andrew Browning and wife for the north half of section 3, town of Ellenboro, Wis., dated-, 1920, and is to be paid out of the first payments on the principal of said contract.

“If contract is renewed, note is to be renewed,”—

makes the payment…