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FLORANDO INVESTMENT CORP. v. FRIED

No. 80-2254.

412 So.2d 14 (1982)

FLORANDO INVESTMENT CORPORATION, Appellant, v. Ester FRIED and Lawrence Fried, Appellees.

District Court of Appeal of Florida, Second District.

February 3, 1982.

Attorney(s) appearing for the Case

Scott J. Johnson of Maguire, Voorhis & Wells, P.A., Orlando, for appellant.

Law Offices of Howard W. Mazloff, P.A., Coral Gables, for appellees.

HOBSON, Judge.

Ester and Lawrence Fried purchased two mobile home lots and five new mobile homes from Florando Investment Corporation (Florando) in 1973. The total purchase price was $106,591, and the Frieds made a $21,706 down payment. The $84,885 balance was represented by two promissory notes from the Frieds to Florando, secured by purchase money mortgages on each lot. The Frieds never made a mortgage payment, and in 1978, Florando initiated foreclosure actions...

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