A. D. R. Development Co. v. Greater Arizona Savings & Loan Ass'n

EUBANK, Judge.

This appeal involves the interpretation of the provisions of a written agreement for the sale of real property, wherein the buyer, plaintiff-appellant, A.D.R. Development Co., an Arizona corporation, hereafter “Buyer”, and the seller, defendant-appellee and cross-appellant, Greater Arizona Savings and Loan Association, an Arizona corporation, hereafter “Seller”, agreed to buy and sell real property and improvements located at 8623 North Central Avenue, in the city of Phoenix, for $25,782.72. It was agreed that the principal and interest were to be paid by monthly installments of…