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CARR v. SARASOTA FEDERAL SAVINGS AND LOAN ASS'N

No. 2530.

140 So.2d 643 (1962)

John Joseph CARR and Ruth Carr, His Wife, Appellants, v. SARASOTA FEDERAL SAVINGS AND LOAN ASSOCIATION et al., Appellees.

District Court of Appeal of Florida. Second District.

Rehearing Denied May 7, 1962.

Attorney(s) appearing for the Case

R.S. Baynard, Venice, and L.D. Martin, St. Petersburg, for appellants.

Henry P. Trawick, Jr., of Kirk, Pinkerton, Sparrow & Trawick, Sarasota, for appellees.

SHANNON, Chief Judge.

The defendants bring this appeal from a decree of foreclosure entered below. The appellees were the plaintiffs in the lower court.

On August 13, 1959, one of the defendants below, Sunny Lakes Development Corp., executed a mortgage on a parcel of land it owned to the Sarasota Federal Savings and Loan Association for $10,000.00. This mortgage was recorded. Defendants Carr entered into a contract to buy the said property from Sunny Lakes...

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