Court of Civil Appeals of Alabama September 2, 1987, Civ. 6045 (Mid-State Homes, Inc. v. Moore)

In June 1974, Addie Williams McKinsey signed an executory contract titled "Agreement for Deed" to purchase an uncompleted house and certain realty from Mid-State Homes, Inc. (Mid-State). The agreement provided for a total sale price of $11,194, with a down payment of $250 and the remaining $10,944 to be paid in monthly installments of $60.80. Mrs.