[Download] "Pearll V. Williams" by Arizona Court of Appeals # eBook PDF Kindle ePub Free

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eBook details

• Title: Pearll V. Williams
• Author : Arizona Court of Appeals
• Release Date : January 22, 1985
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 53 KB

Description

On November 1, 1978, appellee agreed to loan $7,000 to appellants Donald and Patricia Williams. A promissory note was executed by the parties on this date providing for repayment of the principal and 10% annual interest "on or before 3 months from date." The last sentence of the note preceding appellants' signatures stated that the note was secured by "an assignment on the closing of Escrow S.W. 12055." At the same time, a second realty mortgage was executed by the Williamses evidencing an indebtedness to appellee of $7,000. The property subject to the mortgage was the real property located at 5360 Old Spanish Trail in Tucson. Among the clauses appearing in the mortgage were the following:

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