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ROBERT WILMOTH ASSOCIATES, INC. v. RYMARQUIS

No. 79-2486.

403 So.2d 606 (1981)

ROBERT WILMOTH ASSOCIATES, INC., Lucius G. Hill and Phillip D. Lewis, Inc., Appellants, v. Paul J. RYMARQUIS, Appellee.

District Court of Appeal of Florida, Fourth District.

September 16, 1981.

Attorney(s) appearing for the Case

Larry Klein, West Palm Beach, and Lewis, Vegosen, Koeppel & Rosenbach, Palm Beach, for appellants.

K. Judson Boedecker of DeSantis, Cook, Meehan, Cohen, Gaskill & Silverman, P.A., North Palm Beach, for appellee.

PER CURIAM.

The sole question involved on this appeal is the effect of the below underlined terms contained in a promissory note:

The total principal amount shall become payable on October 1, 1977, or the date of the funding of the permanent mortgage whichever occurs last, to be paid only in the event that the permanent mortgage financing for a permanent mortgage loan to Rymach Development is hereafter closed. ...

It is undisputed...

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