Farago v. Krzyske

Plaintiff owned a farm of 60 acres in Sumpter township, Wayne county. There was a mortgage on it for $4,500 held by defendant Ludwig Krzyske. There was $70 interest due on the mortgage. Krzyske foreclosed the mortgage by advertisement and bid in the premises for $126.35 at the sheriff’s sale on November 3, 1924. On March 6, 1925, he transferred the mortgage and his interest in the premises to defendant Felt. May 23, 1925, plaintiff paid Felt $170 and was given a receipt for this sum “to apply on interest of mortgage.” It does not appear that it was applied by either party on the interest due…