STEVENS v. ALLEGRO LEASING, INC.

No. 89-1744.

562 So.2d 380 (1990)

Kenneth G. STEVENS, Appellant, v. ALLEGRO LEASING, INC., a Florida Corp., Appellee.

District Court of Appeal of Florida, Fourth District.

May 23, 1990.


Attorney(s) appearing for the Case

Kenneth G. Stevens, Fort Lauderdale, pro se.

Bruce L. Hollander of Hollander & Associates, P.A., Hollywood, for appellee.


DOWNEY, Judge.

This is an appeal from an adverse final judgment wherein appellant (Stevens) sought to foreclose a second purchase money mortgage. Appellee (Allegro), as the purchaser/mortgagor, contended that the note and mortgage involved did not comply with section 697.05, Florida Statutes (1982), pertaining to balloon mortgages.

In January, 1982, Stevens contracted to sell a commercial building to Allegro. As part of the purchase price Stevens took back...

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