Miami Bond Mtg. Co. v. Bell Et Ux.

D. P. Davis was the owner of certain real estate in Dade County. He entered into a contract to sell such real estate to Thomas J. Bell and Bell agreed to buy the property under the terms and conditions of a contract executed by the parties. The terms of payment were as follows:

“And the said party of the second part hereby covenants and agrees to pay to the said party of the first part the sum of $2750.00 (Twenty Seven Hundred and Fifty Dollars) to be paid as follows: $100.00 (One Hundred Dollars) Dollars cash in hand, the receipt of which is hereby acknowledged and the balance of $2650.00 on…