Florida Zippo, Inc. v. Prudential Insurance Co. of America
This text of 579 So. 2d 192 (Florida Zippo, Inc. v. Prudential Insurance Co. of America) is published on Counsel Stack Legal Research, covering District Court of Appeal of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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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Cite This Page — Counsel Stack
579 So. 2d 192, 1991 Fla. App. LEXIS 3541, 1991 WL 55701, Counsel Stack Legal Research, https://law.counselstack.com/opinion/florida-zippo-inc-v-prudential-insurance-co-of-america-fladistctapp-1991.