Legal Opinion
Mole v. First Federal Savings & Loan Ass'n
District Court of Appeal of Florida
Decided April 4, 1996No. 94-1090PublishedCited by 3 opinions
1Opinion of the Court
GOSHORN, Judge.
Tom and Susan Mole (the Moles) appeal from the order granting First Federal Savings and Loan Association’s (the First) motion for directed verdict on their claim of fraud in the inducement and the order granting the First’s motion for judgment notwithstanding the verdict. We affirm.
The genesis of this protracted litigation was a construction loan agreement between the Moles and Independence Mortgage Corporation (Independence), a wholly owned subsidiary of the First. At the time the loan agreement between the Moles and Independence was signed, the loan was simultaneously…
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