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FIRST MORTGAGE CORP. v. STELLMON

No. 4558.

170 So.2d 302 (1964)

FIRST MORTGAGE CORPORATION OF VERO BEACH, a Florida corporation, Appellant, v. John W. STELLMON and Velma I. Stellmon, his wife, Appellees.

District Court of Appeal of Florida. Second District.

Rehearing Denied January 6, 1965.

Attorney(s) appearing for the Case

Charles F. Clark, and Stanley W. Rosenkranz, of Macfarlane, Ferguson, Allison & Kelly, Tampa, Elton H. Schwarz, Stuart, for appellant.

Charles A. Sullivan, Vero Beach, for appellees.

WILLSON, J.H., Associate Judge.

The appellees, John W. Stellmon and Velma I. Stellmon, his wife, executed and delivered to appellant, First Mortgage Corporation of Vero Beach, their promissory note in the sum of $20,320, dated August 25, 1961, and payable in 120 equal monthly installments of $167.65, with interest from maturity at the rate of 10% per annum until paid. The appellees received for their note the sum of $12,840.60, which included $140.60 in closing costs...

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