Reeder v. Kay

This is a suit in equity seeking strict foreclosure of a land sale contract for 173 acres. The trial court made a decree of strict foreclosure and defendants appeal. We review de novo and affirm the decree of foreclosure.

The facts are greatly disputed and some of the testimony was incredible. Óur view of the record, giving due weight to the findings of the trial court which heard and saw the witnesses, leads us to believe events occurred as set forth below.

The plaintiff, an elderly lady, decided to sell her 173-acre farm on Sauvie Island. One David Kay set out to raise sufficient funds to buy…