McCurdy v. Van Os

The receiver of the Grand Rapids National Bank instituted this proceeding in chancery to foreclose a land contract and to obtain a. decree for deficiency, if any. Such a decree was entered in the circuit court in chancery for Kent county. Certain of the defendants, claiming there was error in entering a decretal provision for deficiency, have appealed.

In December, 1927, the Grand Rapids National Bank executed this land contract as vendor of described improved real estate in the city of Grand Rapids, the purchase price being $23,000. Jacob Baart and wife were the original vendees. There were…