Motion For Deficiency Judgment

On July 23, 2009 a real property mortgage foreclosure case was filed by Ironstone Bank, against Unknown Tenant #1, Unknown Tenant #2, Wood, C Lane, and Wood, Sheryl K, in the jurisdiction of Collier County. Judge Foster, Joseph G presiding.

                        
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a IN THE CIRCUIT COURT OF THE TWENTIETH JUDICIAL CIRCUIT, IN AND FOR COLLIER COUNTY, FLORIDA. CIVIL DIVISION CASE NO. 11-2009-CA-006482 IRONSTONE BANK, o Plaintiff, vs. C. LANE WOOD, et al., Defendants. / PLAINTIFF’S MOTION FOR ENTRY OF JUDGMENT FOR MONETARY DAMAGES BASED UPON DEFICIENCY Plaintiff, IronStone Bank (“IronStone”), moves for entry of final judgment for monetary damages in the amount of the deficiency upon the promissory note against defendant C. Lane Wood (“Defendant”) and asserts: 1. This is an action against Defendant upon a promissory note and to foreclose a mortgage encumbering real property located in Lee County, Florida. 2. On April 6, 2010, the court entered a final judgment of foreclosure adjudging liability to IronStone for $551,818.79, with interest accruing thereafter by law at the rate of 6% per annum. 3. A third party purchased the property at the foreclosure sale on May 3, 2010 and plaintiff elects to seek a judgment for monetary damages…

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