MOORE, Chief Justice.
We shall refer to plaintiff in error as Century and to defendant in error as Blair.
On August 20, 1962, Blair agreed to sell a tract of land to Century for a total purchase price of $120,000. The written contract entered into between the parties acknowledged the receipt by Blair of $2,750, and it provided that Century assumed and agreed to pay the amounts due under a first and second deed of trust of record against the land. The balance...
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