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PALOMARES v. OCEAN BANK OF MIAMI

No. 90-275.

574 So.2d 1159 (1991)

Larry PALOMARES, and Jorge Noya, Individually and As General Partners of Total Investments, a Florida General Partnership, Appellants, v. OCEAN BANK OF MIAMI, a State Banking Corporation, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied March 13, 1991.

Attorney(s) appearing for the Case

David M. Shenkman, Coral Gables, Shalle Stephen Fine, Miami, for appellants.

Coffey, Aragon, Martin, Burlington and Serota, and Kendall B. Coffey, Louis K. Nicholas II, Miami, for appellee.

Before BARKDULL, HUBBART and FERGUSON, JJ.

PER CURIAM.

Appellants, mortgagors of certain real property, appeal from a final judgment of foreclosure. We affirm, briefly addressing each issue raised as grounds for appeal.

During the period between March 6, 1985, and July 8, 1987, appellants borrowed approximately $3.3 million from appellee, Ocean Bank, for the development of a shopping center. The first loan was for $600,000 on March 6, 1985; the second enlarged the debt to $2,100,000 on June 7, 1985...

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