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THFN REALTY CO. v. KIRKMAN/CONROY LTD.

No. 88-2203.

546 So.2d 1158 (1989)

THFN REALTY CO., etc., Appellant, v. KIRKMAN/CONROY LTD., etc., et al., Appellees.

District Court of Appeal of Florida, Fifth District.

July 27, 1989.

Attorney(s) appearing for the Case

Denis L. Durkin of Baker & Hostetler, Orlando, and Kimberly A. Ashby of Maguire, Voorhis & Wells, P.A., Orlando, for appellant.

Catherine Brown and Virginia B. Townes of Akerman, Senterfitt & Eidson, Orlando, for appellees.

COWART, Judge.

Appellant, THFN Realty Co., as mortgagor, defaulted on a mortgage by not properly paying the 1986 property taxes. The mortgage provided for acceleration upon default and also provided that:

The indebtedness secured hereby shall bear interest at the highest lawful rate of interest per annum allowed by the law of the State of Florida from and after the date of any such default of Mortgagor. (Emphasis added.)

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