FLAGSHIP STATE BANK, ETC. v. DREW EQUIPMENT CO.

No. 79-319.

392 So.2d 609 (1981)

FLAGSHIP STATE BANK OF JACKSONVILLE, a Banking Corporation, Appellant, v. DREW EQUIPMENT COMPANY, a Florida Corporation; Horace Drew and Betty Drew, His Wife; Horace Drew and Sherwood Drew Robinson, As Personal Representatives of the Estate of Jessie Debelle Drew, Deceased, Appellees.

District Court of Appeal of Florida, Fifth District.

January 21, 1981.


Attorney(s) appearing for the Case

Calvin E. Hayden, Jacksonville, for appellant.

William L. Coalson, Jacksonville, for appellees.


COBB, Judge.

The appellant, Flagship State Bank of Jacksonville, obtained a foreclosure judgment against the appellee mortgagors in the total amount of $604,729.40. At the foreclosure sale, the clerk sold the property to third parties, whose high bid was $440,000.00. The appellant then moved for a deficiency judgment, claiming a balance due it, after application of other credits, in the sum of $99,729.40. The trial court held a hearing on the motion and heard the...

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