McCubbin v. Urban

Plaintiffs seek a declaratory judgment decreeing their title to certain real estate to be merchantable. The real estate is described as follows: the W%, NE1/]. of Section 27 and the SE^/i, NEtyj. of Section 28, except railroad right of way, all in Township 87 North, Range 30, West of the Fifth P. M., Webster County, Iowa.

On February 9, 1952, the plaintiffs sold to the defendants on contract the above described real estate. The contract called for a substantial down payment, which was made, with the balance payable in annual installments of $1500 or more, continuing for ten years. The contract…