Shervold v. Schmidt

VANDE WALLE, Justice.

Ingvold Shervold and Eva Shervold appealed from the judgment of the district court of Ward County permitting Lawrence Schmidt to bring a contract for deed current within 30 days from entry of judgment and from an order denying a new trial in an action for cancellation of a contract for deed. We affirm.

On July 22, 1976, Lawrence E. Schmidt and Marie Schmidt (now deceased) purchased a parcel of land by contract for deed for $12,000 from Ingvold and Eva Sher-vold. Under the terms of the contract for deed the Schmidts paid $500 as a down-payment and agreed to tender monthly…