Florida Zippo, Inc. v. Prudential Insurance Co. of America
579 So. 2d 192, 1991 Fla. App. LEXIS 3541, 1991 WL 55701
District Court of Appeal of Florida·Decided April 16, 1991·No. No. 90-1594·Published·Cited by 1 cases
Opinion
Appellant, Florida Zippo, Inc., appeals a partial summary judgment of foreclosure. We affirm.
Only a debtor can give a lender the power to accelerate a debt, see, e.g., Morse v. City Federal Savings and Loan Association, 567 F.Supp. 699 (S.D.Fla.1983), and only when the option is exercised in an effective manner does acceleration take place. See, e.g., David v. Sun Federal Savings and Loan Association, 461 So.2d 93 (Fla.1984).
Affirmed.
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Florida Zippo, Inc. v. Prudential Insurance Co. of America, 579 So. 2d 192, 1991 Fla. App. LEXIS 3541, 1991 WL 55701 (Fla. Ct. App. 1991).
579 So. 2d 192 (Florida Zippo, Inc. v. Prudential Insurance Co. of America) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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