COASTAL RLTY. & MORTG., INC. v. First Ala. Bank, NA

Coastal Realty and Mortgage, Inc., appellant, defaulted in the repayment of a loan extended to it by First Alabama Bank, appellee. The Circuit Court of Mobile County ordered the appellant to pay $3,164.22 to appellee as reasonable attorneys' fees for the collection of the loan. Coastal appeals from the trial court's order and this court is required to affirm.

Coastal executed a promissory note in the amount of $8,500 to the bank on February 25, 1981. Coastal was to repay the note by May 26, 1981. The note specified that Coastal would "pay all costs of collecting or securing or attempting to…