Hicks v. Stucki

Frankum, Judge.

1. A purported contract for the sale and purchase of described real estate which provides that the purchase price shall be $11,000 “to be paid as follows: $6,000.00 cash, $5,000.00 first mortgage or second mortgage loan or loans, bearing interest not to exceed Tfo payable for a period of twenty years at $38.77 per month beginning 30 days from date of closing,” is too vague, indefinite and uncertain to be enforceable. This language furnishes no key from which it may be ascertained on what property it was contemplated by the parties that such loan or loans were to be obtained or…