Hersh v. Allnutt

Appellants Carl Hersh and his wife, Martha Hersh, contracted in 1965 to purchase approximately one hundred twenty-nine acres of unimproved land in Montgomery County from the appellees, Joseph K. Allnutt, Richard Allnutt and Elizabeth All-nutt. Settlement was held on May 31, 1966, when appellants gave the appellees two notes and a purchase money mortgage securing the same for $135,103.60 which named the appellees’ solicitor as attorney with power to sell in case of default. When the appellants failed to make their first interest payment when due and pay the real estate taxes when due,…