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DESTIN SAV. BANK v. SUMMERHOUSE OF FWB, INC.

No. 90-1966.

579 So.2d 232 (1991)

DESTIN SAVINGS BANK, a Florida Banking Corporation, Appellant, v. SUMMERHOUSE OF FWB, INC., a Florida Corporation, Summerhouse, Inc., a Florida Corporation, M. Victor Anderson, and John H. Hobbs, Appellees.

District Court of Appeal of Florida, First District.

April 29, 1991.

Attorney(s) appearing for the Case

Douglas L. Stowell and Gary J. Anton, Stowell, Anton & Kraemer, Tallahassee, for appellant.

Robert E. Lee, Fort Walton Beach, for appellees.

ZEHMER, Judge.

Destin Savings Bank appeals a final judgment in this declaratory judgment action brought by the appellees. In that judgment, the court ruled that: (1) Destin Savings had waived its right to accelerate the balance due on a promissory note and mortgage on which M. Victor Anderson and Summerhouse of Fort Walton Beach, Inc., were mortgagors; (2) one of the terms under which Destin Savings agreed to approve transfer...

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