Altman v. McCollum

Defendants' appeal from a judgment of the municipal court in favor of plaintiff in an unlawful detainer action brought under section 1161a, subdivision 3, of the Code of Civil Procedure by plaintiff, the purchaser at a sale under a deed of trust. The promissory note is dated October 12, 1946, in the principal sum of $12,500, payable in monthly installments of $100, or more, each month, commencing November 15, 1946. The note provides “that each installment when paid shall be applied by the holder hereof, first so much thereof as shall be required, to the payment of interest accrued . . . and…