COLLEY v. FIRST FED. SAV. & L. ASS'N

No. 87-942.

516 So.2d 344 (1987)

B.J. COLLEY, Jr., Appellant, v. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF PANAMA CITY, Appellee.

District Court of Appeal of Florida, First District.

December 15, 1987.


Attorney(s) appearing for the Case

David L. Fleming, of Liberis & Fleming, Pensacola, for appellant.

Jack G. Williams of Bryant, Higby & Williams, Panama City, for appellee.


SHIVERS, Judge.

This is an appeal by the defendant/mortgagor of the trial court's order granting plaintiff's/mortgagee's motion for appointment of a receiver. Finding the trial court's order to be an abuse of discretion, we reverse.

The record in this case indicates that appellee First Federal Savings and Loan Association of Panama City (First Federal) made a series of construction loans totaling over $2,000,000 to appellant B.J. Colley, Jr. (Colley), a Panama...

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