CARTERET SAV. v. CITIBANK MORTG.

No. 81375.

632 So.2d 599 (1994)

CARTERET SAVINGS BANK, Petitioner, v. CITIBANK MORTGAGE CORP., Respondent.

Supreme Court of Florida.

February 24, 1994.


Attorney(s) appearing for the Case

Alfred A. Lasorte of Alfred A. Lasorte, Jr., P.A., William R.H. Broome and Randy D. Ellison of Broome, Kelley, Aldrich & Warren, P.A., West Palm Beach, for petitioner.

Kenneth S. Hoffman, Miami, for respondent.


OVERTON, Justice.

We have for review Citibank Mortgage Corp. v. Carteret Savings Bank, 612 So.2d 599, 602 (Fla. 4th DCA 1992), in which the district court certified the following question as one of great public importance:

WHERE A THIRD PARTY MORTGAGE LOAN IS USED NOT ONLY FOR THE PURPOSE OF PURCHASING PROPERTY, BUT IN ADDITION, FOR CONSTRUCTING IMPROVEMENTS ON THE PROPERTY, IS THE ENTIRE AMOUNT OF THE MORTGAGE ENTITLED...

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