Brody v. Crozier

This is a suit in, equity to foreclose a land contract. In the circuit decree passed for plaintiffs for the full contract, price, less instalments paid, with order of sale and liability of defendant for deficiency, if any. Defendant appealed.

The contract price for the premises was $25,000, of which $5,000 was made as a down payment and the remainder was to be paid in instalments of $100 per month for the first year, and $150 per month thereafter. The contract was made May 21, 1926. The bill was filed February 26, 1927, and alleged that defendant was then in default $200, and plaintiff elected…