CHIPPAS v. MIDLAND INS. CO.

Nos. 83-1621, 83-3026.

456 So.2d 495 (1984)

Harry CHIPPAS, Appellant, v. MIDLAND INSURANCE COMPANY, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied October 8, 1984.


Attorney(s) appearing for the Case

Arthur W. Tifford, Miami, for appellant.

Fine, Jacobson, Block, Klein, Colan & Simon and Linda Ann Wells and Mitchell R. Bloomberg, Miami, for appellee.

Before SCHWARTZ, C.J., and DANIEL S. PEARSON and JORGENSON, JJ.


SCHWARTZ, Chief Judge.

In August 1978, the appellant Harry Chippas1 executed two notes and mortgages on real property he owned in Dade County in favor of the appellee Midland Insurance Company. The instruments were to serve as collateral on a $500,000 bail bond written by Midland to secure the release, pending trial, of Chippas's son, Louis Chippas, who had been arrested and jailed on a felony charge in Mercer County, New Jersey. The mortgages...

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