Meek v. Wilson

Plaintiff brought suit to foreclose a second mortgage of $3,500 given by defendants to plaintiff’s assignor on the 15th day of March, 1935. The mortgage covered property improved with a residence in Crosse Pointe Park, Wayne county, Michigan, which, in 1928, defendants had undertaken to purchase on land contract for the sum of $22,500 from the owner at that time. ' The contract was assigned to Walter Meek. In 1932, Meek and defendants entered into a new contract in place of the former one. Meek later assigned the new contract to plaintiff. The property was subject to a first mortgage running…