(DOWNLOAD) "Saunders v. Stradley" by September Term, 1974 Court of Special Appeals of Maryland No. 193 # eBook PDF Kindle ePub Free
eBook details
- Title: Saunders v. Stradley
- Author : September Term, 1974 Court of Special Appeals of Maryland No. 193
- Release Date : January 12, 1975
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
Prior to 15 December 1971, Kenneth M. Saunders and Catherine O. Saunders, his wife, were the owners of a tract of land in Cecil County described as containing 38.50 acres, improved by a dwelling house and a barn. On that date they settled on a sale of the property to Jane L. Stradley, a real estate investor. The price was $100,000. From the record it appears that $29,000 was paid in cash at settlement and the balance of $71,000 by a note secured by a purchase money mortgage given by the buyer to Mr. and Mrs. Saunders. It was provided that $21,000 of the deferred purchase price, plus interest, was payable on 10 January 1972, and the remaining $50,000 was payable in monthly installments of $385.91, principal and interest, beginning on 15 January 1972, with the entire balance to be paid on or before 15 December 1981.