Wenzel v. Roberts

On January 2, 1924, William Klug, owner of the land in question, gave a mortgage thereon to Charles Wenzel. On April 12, 1928, Klug sold the premises to defendant Roberts, subject to the mortgage, upon which there was due $2,000. On April 16, 1928, Roberts entered into a land contract with Fred and Elsie Borcher for the sale of the mortgaged premises and another parcel of land. The Borchers agreed to pay $12,100 for the land described in the land contract, and paid $1,000 down upon the execution of the contract. The contract obligated the Borchers to pay the balance of $11,100 on or before…