Affirmed. See Richards v. Mindlin, 94 Fla. 699, 114 So. 508 (1927); Bailey v. First Mortgage Corp. of Boca Raton, 478 So.2d 502, 503 (Fla. 1st DCA 1985)(citing Annotation, Marketable Title, 57 A.L.R. 1253, 1322-24 (1928), observing “[A] mortgage standing undischarged of record against land sold by executory contract constitutes a defect in the vendor’s title.... ”); Blackmon v. Hill, 427 So.2d 228, 230 (Fla. 3d DCA 1983).