Lentz and Marcos v. Community Bank of Florida, Inc.

Appellants Gene Lentz, Maria Lentz and Gladys Marcos (“Borrowers”) appeal a final summary judgment of foreclosure in favor of Appellee Community Bank of Florida (“Bank”). Because the trial court erred by not enforcing the parties’ mediated settlement agreement (“MSA”), we reverse and remand to the trial court for the appropriate enforcement of the MSA.

I. Facts

A The MSA

In April 2010, after the Borrowers had stopped making payments on a promissory note secured by a mortgage encumbering residential real property in Key Largo (the “Property”), the Bank brought suit against the Borrowers seeking…