Case ID: so2d_802/html/0452-01.html
Source: Caselaw Access Project
Author: {"author": "PER CURIAM.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Henry S. BONIS, Appellant, v. Faith COLLINS and Imo Idikpol Akpaeti, her husband, Appellee.
    No. 3D01-1974.
    District Court of Appeal of Florida, Third District.
    Dec. 19, 2001.
    Lionel Barnet, Miami, for appellant.
    Cornelius Shiver, Jr., for appellee.
    Before SCHWARTZ, C.J., and GERSTEN and GODERICH, JJ.
   PER CURIAM.

We affirm the trial court’s order granting summary judgment in the instant foreclosure action. As the trial court properly found, pursuant to section 95.281(l)(a), Florida Statutes (1999), the mortgage terminated prior to the plaintiff filing the foreclosure action. 
      
      . Section 95.281(l)(a), Florida Statutes (1999), provides as follows:
      (1) The lien of a mortgage or other instrument encumbering real property, herein called mortgage, except those specified in subsection (5), shall terminate after the expiration of the following periods of time:
      (a) If the final maturity of an obligation secured by a mortgage is ascertainable from the record of it, 5 years after the date of maturity.