Sherwood v. Daly

On and prior to November 19, 1932, respondents were the owners of certain lands located in Twin Falls county, Idaho. And on and prior to that date, there was of record in that county a mortgage on a portion of said lands, which said mortgage fell due January 1, 1927. The mortgage was not mentioned in the contract hereinafter referred to, but was known to appellant prior to the making of such contract.

November 19, 1932, respondents and appellant entered into a written lease covering the entire tract at a yearly rental of $1,080, with an option to appellant to purchase the property for the sum…