Moore v. Modern Improvement Ass'n

Grason J.,

delivered the opinion of the Court.

On January 10, 1947, the appellant entered into a written contract to sell to appellees three leasehold pieces of property situate in Baltimore City, for $30,000.00. Fifteen hundred dollars was paid prior to the signing of the contract and the balance was to be paid as follows: appellant was to obtain for appellees “a first mortgage in the amount of $15,000.00, to bear interest at six per cent per annum, and to be payable at the rate of $125.00 per month on the principal, plus interest, and' plus $50.00 per month on the expense account for the…