Harrington v. Feddersen

Prior to January 30, 1919, C. W. Payne was the owner of the real estate herein involved. On that date, he and his wife entered into a written contract with the defendant H. C. Feddersen for the sale of said real estate, by the terms of which instrument the vendee agrees to pay $500 in cash, $1,670, March 1,1919, $2,000, April 1, 1919, and $10,000 on or before March 1, 1924, with interest at 6 per cent per annum, and in addition thereto, assumes and agrees to pay a mortgage upon the premises in the sum of $27,050, with interest thereon from September 1,1918. The contract provides:

“That he [the…