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BECHTOLD v. KAUFTHIEL

No. 85-2147.

492 So.2d 1104 (1986)

Carl F. BECHTOLD, Appellant, v. Ellis KAUFTHIEL, Elizabeth Kaufthiel, and Albert Till, Appellees.

District Court of Appeal of Florida, Second District.

Rehearing Denied August 29, 1986.

Attorney(s) appearing for the Case

Michael J. Volpe and Daniel R. Monaco of Monaco, Cardillo, Keith & Volpe, P.A., Naples, for appellant.

Daniel A. Gregory of Asbell, Hains, Doyle & Pickworth, Naples, for appellees.

SCHOONOVER, Judge.

Appellant, Carl F. Bechtold, appeals from a final judgment cancelling the obligation of appellee, Albert G. Till, under a promissory note and mortgage. We reverse.

This action arose out of the sale of Bechtold's business in Collier County, Florida, to Ellis and Elizabeth Kaufthiel. The contract between the parties provided for a cash payment of $10,000 and a promissory note in the amount of $25,000. Security for payment was required and...

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