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SHIPP CORP., INC. v. CHARPILLOZ

No. 81-1473.

414 So.2d 1122 (1982)

SHIPP CORPORATION, INC., a Florida Corporation, Appellant, v. Arnold CHARPILLOZ and Alain Charpilloz, Individually and As Partners of the Conservatory, a Florida Partnership, Jointly and Severally, et al., Appellees.

District Court of Appeal of Florida, Second District.

June 4, 1982.

Attorney(s) appearing for the Case

John F. Hooley of Arthur V. Woodward, P.A., Marco Island, for appellant.

Frederick C. Kramer and Salvatore C. Scuderi, P.A., Marco Island, for appellees.

SCHOONOVER, Judge.

This is an appeal from an order recognizing an equity of redemption in the appellees, third mortgagees, and granting a motion to set aside a foreclosure sale on the ground of inadequate consideration. We reverse.

Ample Funds, Inc., a Florida corporation, filed an action to foreclose its first mortgage against The Conservatory, a Florida general partnership. They joined the second mortgagees, Norman...

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