Langford v. Bogart

The parties have submitted this case for decision upon stipulated facts. It appears that on October 1, 1955 plaintiffs owned a house and lot in a Federal Housing Authority (F. H. A.) housing tract in Seneca Falls, Seneca County, subject to a mortgage in the sum of $8,240.89, and gave possession of it to defendants on that day. Thereafter on October 14, 1955 they entered into a written land contract for the sale of said premises, free and clear, by the plaintiffs to the defendants for the sum of $10,600, with interest at 4% on unpaid balances, defendants paying $250 in cash on the execution of…