Swarthout v. McDonald Mortgage & Realty Co.

Curtis, C. J. —

The appellee, a Florida corporation, sold the appellants Lots 16 and 17 in Block 5 in the Biltmore Park Subdivision in the city of Lakeland, Florida. The total purchase price was $7,700.00, the first mentioned lot being priced at $3,300.00 and the second made up the balance. The sum of $1,925.00 was paid in cash and the balance was evidenced by ten promissory notes (five for each lot) secured by a mortgage on said real estate due in 1, 2, 3, 4, and 5 years after date. These notes and the mortgage were signed by the appellants at their residence in Indiana and then by them sent…