Winner v. Westwood

CARLTON, Justice.

This is a direct appeal from Circuit Court, Pinellas County, which rendered an amended final judgment upholding the constitutionality of Fla.Stat. § 697.05, F.S.A., the “Balloon Mortgage Statute.” The Court’s final judgment, to which the amendment was attached, held that the mortgage in question in this litigation was a balloon mortgage drafted without conformance to the requirement of Fla.Stat. § 697.05, F.S. A., and, therefore, subject to the penalties contained in the statute. We affirm in part and reverse in part.

We agree that the statute is constitutional. Its purpose…