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FIRST NAT. BANK OF APPLETON v. NENNIG

No. 77-233.

92 Wis.2d 518 (1979)

285 N.W.2d 614

FIRST NATIONAL BANK OF APPLETON, Guardian of Leona Nennig, Incompetent, Plaintiff-Appellant, v. Norman J. NENNIG, Defendant-Respondent.

Supreme Court of Wisconsin.

Decided December 4, 1979.

Attorney(s) appearing for the Case

For the appellant the cause was submitted on the briefs of Bonk, Lutz & Hertel of Chilton.

For the respondent the cause was submitted on the brief of Kaftan, Kaftan, Kaftan, Kuehne, Van Egeren & Ostrow, S.C., of Green Bay.

CONNOR T. HANSEN, J.

On March 20, 1975, Leona Nennig sold her 80 acre farm to her second cousin, Norman J. Nennig, defendant-respondent, on a land contract. The farm was sold for $32,000, and the land contract provided for principal payments over 20 years at $1600 per year, plus interest on the declining balance at five and one-half percent per year, and contained an acceleration clause which could be invoked at the instance...

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