Florida District Courts of Appeal, 1991

Florida Zippo, Inc. v. Prudential Insurance Co. of America

Florida Zippo, Inc. v. Prudential Insurance Co. of America
Florida District Courts of Appeal · Decided April 16, 1991 · Baskin, Cope, Gersten
579 So. 2d 192; 1991 Fla. App. LEXIS 3541; 1991 WL 55701 (Southern Reporter, Second Series)

Florida Zippo, Inc. v. Prudential Insurance Co. of America

Opinion of the Court

PER CURIAM.

Appellant, Florida Zippo, Inc., appeals a partial summary judgment of foreclosure. We affirm.

Only a debtor can give a lender the power to accelerate a debt, see, e.g., Morse v. City Federal Savings and Loan Association, 567 F.Supp. 699 (S.D.Fla. 1983), and only when the option is exercised in an effective manner does acceleration take place. See, e.g., David v. Sun Federal Savings and Loan Association, 461 So.2d 93 (Fla. 1984).

Affirmed.

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