On January 17, 1979, defendants, Mr. & Mrs. James Goodlet entered into a purchase agreement to acquire the home of Mr. & Mrs. Robert Rubrecht, located at 828 Sherrie Lynn Court in Gretna, Louisiana.
The agreement provided that the sale was conditioned upon the ability of the defendants obtaining financing in the amount of $51,200.00 at a rate of interest not to exceed 10% per annum, payable...
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