Junak v. John

OPINION

FOLEY, Judge.

FACTS

On December 1,1976, appellants Chester Junak and Geraldine A. Junak and defendants Roman John, Alice John and Roman John Implement, Inc. entered into a contract for deed for the sale of Roman John Implement, Inc. to the Junaks. The contract for deed contained a covenant not to compete. On February 16, 1978, the Johns executed a mortgage and assignment of the contract for deed to respondent First National Bank of Long Prairie.

In September 1978, the Junaks and appellant Junak Implement, Inc. commenced suit against the Johns, alleging a breach of the covenant not to…