Legal Opinion

Barnes v. Resolution Trust Corp.

District Court of Appeal of Florida

Decided December 27, 1995No. 94-2211PublishedCited by 1 opinion

1Opinion of the Court

SHAHOOD, Judge.

Second mortgagees, James and Loretta Barnes, appeal a final judgment of mortgage foreclosure in favor of Resolution Trust Corporation (“RTC”), receiver for City Federal Savings Bank. We affirm.

The Barneses sold property to James and Florence Marsh who executed a mortgage and promissory note in the amount of $161,-000.00 in favor of City Federal Savings Bank. At the closing, the Marshes also executed a second mortgage in the amount of $24,373.00 in favor of the Barneses. Eventually, the Marshes defaulted on the second mortgage and the Barneses foreclosed. After foreclosing, the…

2Cases cited5 opinions

  1. State Dept. of Revenue v. AndersonSupreme Court of Florida · 1981
  2. Campbell v. WernerDistrict Court of Appeal of Florida · 1970
  3. Greenhut Construction Co. v. Henry A. Knott, Inc.District Court of Appeal of Florida · 1971
  4. David v. Sun Federal Sav. & Loan Ass'nSupreme Court of Florida · 1984
  5. New Port Largo, Inc. v. MunzDistrict Court of Appeal of Florida · 1986

3Cited by1 opinion

  1. Kimmick v. U.S. Bank National Ass'nDistrict Court of Appeal of Florida · 2012

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