In Re Urban's Estate

May 5, 1926, Harold McNinch and wife gave a real estate mortgage to the Highland Park State Bank of Highland Park, Michigan, for $2,700, with interest at six per cent., $135 semiannual principal payments, and entire balance payable in three years.

December 14, 1929, the mortgaged premises were sold by McNinch and wife to Vinco Urban on land contract for $4,500, of which $500 was paid down, with the balance payable at the rate of $45 a month, including interest. January 25, 1931, Vinco Urban died. July 18, 1932, Eva Urban was appointed administratrix, with the will annexed. McNinch and wife…