First National Bank of the Florida Keys v. Rosasco

First National Bank of the Florida Keys [hereinafter referred to as “the bank”] appeals from a non-final order denying its motion for reconsideration of the trial court’s order requiring it to deposit $212,-000.00 into the court registry. We reverse and remand.

The bank loaned the husband, Peter L. Rosasco, money which was secured by stock held in his name. As additional security for the loans, the husband gave the bank security agreements pledging and granting to the bank a security interest in the stock. The husband defaulted on his obligations to the bank and the bank sought to collect the…