Clyman v. Budgen

On October 30, 1935, the plaintiff entered into a written contract with the defendants, whereby the defendants agreed to sell unto the plaintiff a certain tract of land and the buildings thereon standing situated on Broad Street in the Town of Milford, for the sum of $50,000. payable $500. upon the execution of the agreement; $27,000. by assumption of a first mortgage, to which the property was subject; and $22,500. in cash or certified check at the time of delivery of a deed. The sellers agreed to make conveyance by warranty deed, free and clear of all encumbrances except a certain lease…