Defendant bank held a first mortgage which was in default on a commercial building. The deceased, a licensed real estate broker, introduced McDonald's Corporation to the bank as a prospective purchaser of the mortgage or the fee. A letter agreement was executed which provides in pertinent part, "My commission for the sale of the property or for the assignment of your mortgage to McDonald Corporation [or its nominee] shall be $10,000.00 to be due at the time of title closing...
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