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OCEAN VIEW TOWERS v. FIRST FID. SAV. & L.

No. 87-0127.

521 So.2d 325 (1988)

OCEAN VIEW TOWERS, INC., Appellant, v. FIRST FIDELITY SAVINGS AND LOAN ASSOCIATION, Appellee.

District Court of Appeal of Florida, Fourth District.

March 9, 1988.

Attorney(s) appearing for the Case

Michael W. Moskowitz and Monica I. Salis of Borkson, Simon & Moskowitz, P.A., Fort Lauderdale, for appellant.

Christopher K. Kay and James A. Burt of Swann and Haddock, P.A., Orlando, for appellee.

HERSEY, Chief Judge.

Appellant, Ocean View Towers, Inc. (Ocean View), appeals from a judgment of foreclosure of a mortgage securing a $3.6 million dollar loan entered in favor of First Fidelity Savings and Loan Association (Fidelity). Ocean View contends that the mortgage was part of a complicated and unusual program negotiated with Mr. Carl Guffin of Fidelity involving two loans: one for $13 million and the one in question for $3.6 million. The $13 million loan was...

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