Opinion
No. 90-1594.
April 16, 1991. Rehearing Denied June 7, 1991.
Appeal from the Circuit Court, Dade County, Stuart Simons, J.
Stanley Jay Bartel, Miami, for appellant.
Squire, Sanders Dempsey, and Craig P. Kalil, and Dirk Lorenzen, Miami, for appellee.
Before BASKIN, COPE and GERSTEN, JJ.
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.