Carpenter v. Smith

Defendants appeal as of right from *563a judgment of foreclosure on a land contract. The court granted acceleration of the payments remaining on the contract. Defendants have filed a separate claim of appeal from the trial court’s subsequent order confirming the foreclosure sale and from a deficiency judgment against defendants of $88,559.34. We affirm.

The deceased, Henry Lang, sold defendants certain real estate in Genesee County. The land contract shows a price of $88,000, with a $30,000 down payment and monthly installments of $500. Lang also sold his bar business (conducted on the same…