Johnson v. Rollen

OPINION

MIRABAL, Justice.

Appellant, Robert Johnson (the Debtor), appeals a take-nothing summary judgment rendered in favor of appellee, Errol Rollen (Rollen), senior vice-president for InterFirst Bank Nassau Bay, N.A. (InterFirst). We reverse and remand.

The Debtor obtained a loan on May 15, 1984, to purchase property. He intended to build on the property to expand the lawn mower sales and service business he started in February 1984. InterFirst financed the purchase of the land for $112,500. The Debtor defaulted on the note, and Inter-First instituted foreclosure proceedings. On September 26,…