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RIFFEY v. SCHULKE

No. 39600.

227 N.W.2d 4 (1975)

193 Neb. 317

Henry RIFFEY, Appellant, v. Jon SCHULKE, Appellee, Nebraska State Bank, Intervener-Appellee.

Supreme Court of Nebraska.

March 20, 1975.

Attorney(s) appearing for the Case

Alan H. Curtiss, Curtiss & Curtiss, Pender, for appellant.

Ryan, Scoville & Uhlir, South City, for Nebraska State Bank.

Heard before WHITE, C. J., and SPENCER, BOSLAUGH, McCOWN, CLINTON and BRODKEY, JJ.

BOSLAUGH, Justice.

This case arose out of an installment contract for the sale of a tract of land in Dixon County, Nebraska. On February 16, 1970, the plaintiff, Henry A. Riffey, entered into a contract to sell the land in question to the defendant, Jon Schulke. The contract price was $34,400 payable in annual installments of $3,000 each commencing July 1, 1970, together with interest at 7 percent from January 15, 1969. The contract provided that: "Neither party shall...

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