Coble v. American Parks

We reverse and remand. This ease arises out of a contract between the parties for the sale and purchase of four mobile home parks. The contract contained a paragraph stating that the seller would give the buyer a credit or discount against the principal in an amount equal of $2500 per month for each loan in force. The four notes securing the purchase price were drafted so that each note contained a credit provision. Alleging that he did not intend to give the buyer credit on each note, but only intended to give it credit for the entire transaction, the seller filed a complaint for reformation…