Miller v. THE BANK OF NEW YORK MELLON | Bank failed to send proper notice of acceleration as required by the mortgage. Under such circumstances, the proper remedy was a complete dismissal.

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Miller v. THE BANK OF NEW YORK MELLON | Bank failed to send proper notice of acceleration as required by the mortgage. Under such circumstances, the proper remedy was a complete dismissal.

Miller v. THE BANK OF NEW YORK MELLON | Bank failed to send proper notice of acceleration as required by the mortgage. Under such circumstances, the proper remedy was a complete dismissal.

 

DONALD MILLER and MARY T. MILLER, Appellants,
v.
THE BANK OF NEW YORK MELLON f/k/a THE BANK OF NEW YORK, as TRUSTEE FOR THE CERTIFICATE HOLDERS OF CWMBS, INC., CHL MORTGAGE PASS-THROUGH TRUST 2006-8, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-8, BANK OF AMERICA, N.A., successor by merger to COUNTRYWIDE BANK, FSB f/k/a COUNTRYWIDE BANK, N.A., OCEAN PEARL II HOMEOWNER’S ASSOCIATION, INC., UNKNOWN TENANT #1, and UNKNOWN TENANT #2, Appellees.

No. 4D15-36.
District Court of Appeal of Florida, Fourth District.
March 2, 2016.
Shirlarian N. Williams, Peter Ticktin and Kendrick Almaguer of The Ticktin Law Group, P.A., Deerfield Beach, for appellants.

J. Kirby McDonough and S. Douglas Knox of Quarles & Brady LLP, Tampa, for appellees The Bank of New York Mellon f/k/a The Bank of New York Mellon As Trustee for the certificate holders of CWMBS, Inc., CHL Mortgage Pass-Through Trust 2006-8, Mortgage Pass Through Certificates, Series 2006-8.

DAMOORGIAN, J.

Appellants, Donald and Mary Miller, appeal a final judgment of foreclosure in favor of The Bank of New York Mellon (the “Bank”). Appellants argue that the judgment should be reversed because the Bank failed to establish that it complied with conditions precedent to filing suit. Based on the trial court’s finding to the same, we reverse.

Following a bench trial in front of a magistrate in a routine mortgage foreclosure action, the trial court entered judgment in favor of the Bank for past due amounts under the subject note. However, the trial court declined to award the accelerated amount due under the note based upon its finding that the Bank did not send proper notice of acceleration as required by paragraph twenty-two of the mortgage. In awarding the past due amounts, the court reasoned that “failure to comply with paragraph [twenty-two] does not affect entitlement to foreclose on past due installments.”

Our holding in Holt v. Calchas, LLC, 155 So. 3d 499 (Fla. 4th DCA 2015) dictates otherwise. In Holt, we explained on rehearing:

Although in our previous opinion, which is now withdrawn[[1]], we construed paragraph twenty-two as relating to acceleration remedies and not past due amounts, upon consideration of Holt’s motion for rehearing, we are satisfied that failure to prove compliance with paragraph twenty-two at trial requires dismissal of the case due to the requirements imposed by paragraph twenty of the mortgage, which provides:

Neither Borrower nor Lender may commence … any judicial action pursuant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has notified the other party … of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take corrective action….. The notice of acceleration and opportunity to cure given to Borrower pursuant to [paragraph] 22 … shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this [paragraph] 20.

Id. at 507 n.4.

Paragraph twenty of the mortgage at issue contains identical language to that quoted in Holt. Accordingly, Holt compels us to conclude that the trial court erred in entering judgment of foreclosure in favor of the Bank in light of its finding that the Bank failed to send proper notice of acceleration as required by the mortgage. Under such circumstances, the proper remedy was a complete dismissal. Id. In arriving at this conclusion, we note that the merits of the court’s finding regarding the Bank’s failure to comply with conditions precedent is not properly before this court as the Bank did not file a cross-appeal.

Reversed.

TAYLOR and GERBER, JJ., concur.

Not final until disposition of timely filed motion for rehearing.

[1] The final judgment appealed was rendered before we issued our opinion in Holt on rehearing and as such, the trial court relied on the withdrawn version of Holt in awarding the Bank past due amounts.

 

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