Coxe v. Mid-America Ranch & Recreation Corp.

The following issues are raised on this appeal:(1) Was the failure to carry proper insurance immaterial to the land contract as a matter of law;(2) Does the trial court have the discretion to refuse strict foreclosure on a land contract when the alleged breach of the contract is immaterial; and(3) Is the continuance of a vendee’s default for sixty days a condition precedent to the vendor’s remedy of strict foreclosure?

The first two issues are raised by the appellant and the last issue is presented by the respondents.

Immateriality of Insurance.

Mid-America agrees that a vendor has a right to…