Adams v. Crowell

Sognier, Judge.

Appellant Adams purchased a fishing camp from appellee Crowell and Mabel Bryan. On March 18,1977 appellant gave Crowell and Bryan $35,000 in cash and in return received a warranty deed for the property. On March 21,1977, appellant signed a note for $20,000 plus interest in favor of Crowell. Payment on the note was to be made over a period of five years in equal payments of $4,000 plus interest. Appellant made one payment and thereafter, defaulted on the note. Crowell sued Adams for the balance due on the note plus interest and attorney fees. The trial court, sitting without a…