First Fed. Sav. & Loan v. Dept. of Bus. Reg.

472 So.2d 494 (1985)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF SEMINOLE COUNTY, etc., Appellant,

v.

DEPARTMENT OF BUSINESS REGULATION, DIVISION OF FLORIDA LAND SALES AND CONDOMINIUMS, Appellee.

No. 84-653.

District Court of Appeal of Florida, Fifth District.

June 13, 1985.

Rehearing Denied July 12, 1985.

Phillip H. Logan of Shinholser, Logan, Moncrief and Barks, Sanford, for appellant.

Sandra P. Stockwell, Tallahassee, for appellee.

COWART, Judge.

Appellant savings and loan association, as mortgagee, made convertible construction/permanent type loans on individual condominium units to an original…