Straub v. Lessman

LEVINE, Justice.

Patrick and Wendy Lessman appeal from a district court summary judgment cancel-ling a contract for deed. We affirm.

During March 1981 Lucille Straub and her husband, Walter, who is now deceased and not a party to this action, sold approximately 1,128 acres of farmland to the Less-mans for a purchase price of $253,829.25 under a 20-year contract for deed at 8 percent interest. The Lessmans made a down payment of $73,610 and were to make annual installments of $18,358 until the balance of the purchase price was paid. The 1983 and 1984 installments were not paid on time. When the…