O'Neal v. First Federal Savings & Loan Ass'n

MORROW, RUSSELL O., Associate Judge.

This is an appeal from a summary final judgment for the appellee in a mortgage foreclosure action.

Appellants obtained a mortgage loan from the appellee for the construction of a dwelling house on their property. The construction loan agreement provided for periodic inspections by appellee and that scheduled disbursements of funds could be withheld until defective construction was corrected.

The affidavit of appellant-O’Neal stated that at or before the time he and his wife signed the Procedure and Construction *471Loan Agreement they were assured by one of…