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AGRICULTURAL ALUMNI SEED IMP. ASS'N v. DIAZ

No. 82-2387.

432 So.2d 788 (1983)

AGRICULTURAL ALUMNI SEED IMPROVEMENT ASSOCIATION, INC., Appellant, v. Manuel C. DIAZ, Appellee.

District Court of Appeal of Florida, Third District.

June 14, 1983.

Attorney(s) appearing for the Case

Scott & Sentner and Kevin A. Sentner, North Miami, for appellant.

M.S. Marlin and Gary R. Marlin, Coral Gables, for appellee.

Before SCHWARTZ, C.J., and BARKDULL and NESBITT, JJ.

SCHWARTZ, Chief Judge.

This case involves the construction of the release provision of a real estate mortgage. The trial court ruled that the sum required to secure the release of a described portion of the property included the down payment. We reverse.

The objective facts of the matter are undisputed. In 1977, Diaz bought a large tract of land in Dade County from the appellant, Agricultural Alumni Seed Improvement Association, Inc. (AASIA).

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