VOELKER, J.
There is a statute in this State which says that when an "appeal is taken from a decree of foreclosure of a mortgage or land contract" the appellant shall include in his appeal bond a condition that he shall "pay to the appellee the damages which may result to the appellee from the stay of proceedings." (CL 1948, § 650.23 [Stat Ann 1943 Rev § 27.2613].) To the same effect is our court rule (Court Rule No 62, § 1 [1945]), which says:
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