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TWIN CITIES INVESTORS I v. EIDE

No. CO-84-1643.

363 N.W.2d 92 (1985)

TWIN CITIES INVESTORS I, Appellant, v. Vernon M. EIDE, et al., Respondents.

Court of Appeals of Minnesota.

Review Denied May 1, 1985.

Attorney(s) appearing for the Case

Steven H. Berndt, Minneapolis, for appellant.

Larry K. Houk, St. Paul, for respondents.

Heard, considered, and decided by PARKER, P.J., and SEDGWICK and LESLIE, JJ.

OPINION

SEDGWICK, Judge.

This appeal is from a judgment entered after a bench trial involving the interpretation of a contract for deed. We affirm.

FACTS

Defendants-respondents, Vernon and Timothy Eide, purchased a four-building apartment complex on a contract for deed from the estate of Martha Freishel in 1972. The contract for deed had a balloon due October 1, 1982. Freishel had previously mortgaged the property for $500,000.

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