SOUTHERN REALTY & UTIL. CORP. v. BELMONT MTG. CORP.

No. 34199.

186 So.2d 24 (1966)

SOUTHERN REALTY & UTILITIES CORPORATION, a Delaware Corporation Authorized to Do Business in the State of Florida, Petitioner, v. BELMONT MORTGAGE CORPORATION, a Florida Corporation, Respondent.

Supreme Court of Florida.

Rehearing Denied May 26, 1966.


Attorney(s) appearing for the Case

B.C. Fuller, Miami Beach, and Fuller Warren, Miami, for petitioner.

Ward & Ward, Miami, for respondent.


DREW, Justice.

The respondent was the plaintiff in a suit to foreclose a real estate mortgage for the principal balance of $441,750.00. The complaint specifically withdrew from the chancellor's consideration the question of a deficiency and reserved this matter for a subsequent action. A final decree of foreclosure was entered and the respondent purchased the mortgaged property at the foreclosure sale for $50,000.00. Before...

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