Rosewood Corp. v. Transamerica Insurance

Mr. PRESIDING JUSTICE STAMOS

delivered the opinion of the court:

In 1964, Rosewood Corporation contracted to convey title to a three-bedroom brick residence to defendants, Chester and Julia Fisher, for $24,500 with $1950 down and a deferred balance of $22,500 payable in monthly installments. In April, 1969, plaintiff brought a Forcible Entry and Detainer action against the Fishers alleging that the payments were not being made, that the payments were in arrears in the amount of $2800, and praying for possession of the premises. The case was tried and plaintiff obtained a judgment for…