Legal Opinion
3031 INVESTMENT CORPORATION v. Ocean Bank
District Court of Appeal of Florida
Decided December 16, 2009No. 3D09-2362Published
1Opinion of the CourtShepherd, J.
Affirmed. See KeyBank Nat’l Ass’n v. Knuth Ltd., 15 So.3d 939 (Fla. 3d DCA 2009); Ateo Constr. & Dev. Corp. v. Beneficial Sav. Bank, 523 So.2d 747, 750 (Fla. 5th DCA 1988) (“[A] court of equity should appoint a receiver unless the mortgagor makes it clear that the real property covered by the mortgage will sell for enough to pay the debt and charges due the mortgagee and thus affords ample and entirely adequate security.”).
2Cases cited2 opinions
- ATCO CONST. & DEV. CORP. v. Beneficial Sav. BankDistrict Court of Appeal of Florida · 1988
- Keybank National Ass'n v. Knuth Ltd.District Court of Appeal of Florida · 2009