Jordan v. Keys Cove Marine, Inc.
This text of 719 So. 2d 378 (Jordan v. Keys Cove Marine, Inc.) 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
Because the note and mortgage personally guaranteed by appellant/defendant Randolph G. Jordan were satisfied as reflected in the satisfaction of mortgage executed by Keys Cove Marine, Inc., we reverse the “final [deficiency] judgment for plaintiff” and remand for the entry of final judgment in favor of Jordan. See Matey v. Pruitt, 510 So.2d 351 (Fla. 2d DCA) (once debtor’s obligation has been paid or otherwise satisfied, guarantor’s obligation is terminated), rev. denied, 518 So.2d 1276 (Fla.1987).
Reversed and remanded.
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Cite This Page — Counsel Stack
719 So. 2d 378, 1998 Fla. App. LEXIS 13434, 1998 WL 765012, Counsel Stack Legal Research, https://law.counselstack.com/opinion/jordan-v-keys-cove-marine-inc-fladistctapp-1998.