Legal Opinion

Southeast First National Bank v. Taines

District Court of Appeal of Florida

Decided November 16, 1976No. 75-1333PublishedCited by 4 opinions

1Per curiam

Plaintiff, Southeast First National Bank of Miami, appeals a final judgment directing it to return $160,000 to defendant Miami Mortgage Services, Inc.

Southeast First National Bank of Miami loaned $2,000,000 to Robin Brown, Roger Terrell and six other individuals. A payment of $443,000 was due on December 31, 1974. In December negotiations were entered into for an 18-month extension of the due date and the Bank required as one of the conditions that Terrell-Brown & Company execute a note secured by a mortgage for $443,000. In a letter dated December 31, 1974, Terrell-Brown sent the Bank the…

2Cases cited4 opinions

  1. Citizens Bank of Ft. Myers v. First Nat. BankSupreme Court of Florida · 1931
  2. Southern States Power Co. v. PittmanSupreme Court of Florida · 1936
  3. Colonial Press of Miami, Inc. v. SandersDistrict Court of Appeal of Florida · 1972
  4. Faircloth v. KauschSupreme Court of Florida · 1953

3Cited by4 opinions

  1. Vosr Industries v. Martin PropertiesDistrict Court of Appeal of Florida · 2005
  2. Key Pontiac, Inc. v. Blue Grass Savings BankSupreme Court of Iowa · 1978
  3. Deco Purchasing & Distributing Co. v. PanzirerDistrict Court of Appeal of Florida · 1984
  4. International Air Leases, Inc. v. Eight Eighty PartnershipDistrict Court of Appeal of Florida · 1985

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