JOHN STEPP, INC. v. FIRST FED S. & L. ASS'N

No. 78-414.

379 So.2d 384 (1980)

JOHN STEPP, INC., Appellant, v. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MIAMI, Charles J. Kedl, Jr., and Elena A. Kedl, His Wife, et al., Appellees.

District Court of Appeal of Florida, Fourth District.

Rehearings Denied February 26, 1980.


Attorney(s) appearing for the Case

Harry G. Carratt, of Morgan, Carratt & O'Connor, P.A., Fort Lauderdale, and Grimditch, Bentz, Witte & Wunker, Pompano Beach, for appellant.

Phillip G. Newcomm, of Shutts & Bowen, Miami, for appellee, J. Ervin Lewallen.


DOWNEY, Chief Judge.

The issue involved on this appeal is appellant's right to exercise an equity of redemption after a judicial sale but prior to confirmation thereof.

The Kedls owned a parcel of residential real estate upon which appellee, First Federal Savings and Loan Association, held a mortgage. When the Kedls failed to make the mortgage payments First Federal filed suit to foreclose. The Kedls defaulted; final judgment was entered; the property was...

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