CITY NAT. BANK v. HOME FEDERAL SAV. & LOAN ASS'N

No. 76-2444.

356 So.2d 814 (1978)

CITY NATIONAL BANK OF MIAMI, As Trustee, Appellant, v. HOME FEDERAL SAVINGS & LOAN ASSOCIATION OF HOLLYWOOD, a Corporation Existing under the Laws of the United States, and Tallwood North Condominium Association, Inc., a Non Profit Corporation under the Laws of the State of Florida, Appellees.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied April 11, 1978.


Attorney(s) appearing for the Case

Donald R. Thompson of Frates, Floyd, Pearson, Stewart, Richman & Greer, P.A., Miami, for appellant.

Myron H. Burnstein of Salter, Yeslow & Burnstein, Hollywood, for appellee, Home Federal.


LETTS, Judge.

This appeal stems from a mortgage foreclosure, the final judgment holding, inter alia, that the foreclosure permanently extinguished and cancelled all rights and obligations under the attendant recreational lease, pertaining to the particular unit foreclosed.

We reverse in part.

The setting up of this condominium followed the now familiar pattern of a long term recorded recreational lease, followed by a recorded declaration of...

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