CABOT, CABOT & FORBES v. FIRST NAT. BANK, ETC.

No. KK-103.

369 So.2d 89 (1979)

CABOT, CABOT & FORBES LAND TRUST, a Massachusetts Business Trust, Appellant, v. FIRST NATIONAL BANK OF FORT WALTON BEACH, FORT WALTON BEACH, FLORIDA, Appellee.

District Court of Appeal of Florida, First District.

Rehearing Denied April 23, 1979.


Attorney(s) appearing for the Case

Theodore C. Taub, of Gibbons, Tucker, McEwen, Smith, Cofer & Taub, Tampa, and A.G. Condon, Jr., of Holsberry, Emmanuel, Sheppard & Condon, Pensacola, for appellant.

Joe J. Harrell, of Harrell, Wiltshire, Stone & Swearingen, Pensacola, for appellee.


McCORD, Chief Judge.

This is an appeal from a final judgment of foreclosure entered in favor of appellee, plaintiff below. We affirm.

This suit was brought by appellee Bank to foreclose a real estate mortgage as security for a note executed with the mortgage and two additional subsequently executed notes. The mortgage is the type known as an open-end mortgage authorized by § 697.04, Florida Statutes. The mortgage contains the following future advance...

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