TLZ Properties v. Kilburn-Young Asset Management Corp.
District Court, M.D. Florida
1Opinion of the Court
MEMORANDUM DECISION AND ORDER
CONWAY, District Judge.
This cause comes before the Court on Defendant The Cadle Company’s Dispositive Motion for Summary Judgment Against Plaintiffs on Plaintiffs’ Amended Complaint and [Motion for] Final Judgment on Counts II and III of the Cadle Company’s Counterclaims (Doc. 52); and TLZ’s opposition to the Motion. The Court also disposes of other pending motions,
I. Background Facts
On April 11, 1985, TLZ Properties (“TLZ”) 1 borrowed $2.5 million from Freedom Savings and Loan Association to improve the subject commercial property. The mortgage agreement included…
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