Defendants purchased a single family home for $150,000, giving plaintiffs a 15 year purchase money mortgage at an annual interest rate of 10%. The mortgage schedule provided for 180 consecutive payments with decreasing proportions of interest, and increasing proportions of principal. Defendants made all monthly payments through June of 1989 when they made a prepayment of $10,269.79. They continued to make the monthly payments through December of 1991, and, on or about January...
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