Question: Regarding assigned case Holly Hill Acres, Ltd . v . Charter Bank of Gainesville, 3 1 4 So . 2 d 2 0 9 (
Regarding assigned case Holly Hill Acres, Ltd v Charter Bank of Gainesville, Sod Fla App. :
What was wrong with the promissory note that made it nonnegotiable?
Promissory notes are not assignable.
The note contained an unconditional promise to pay as required by the UCC.
The note was given with a mortgage as a security interest to the Bank.
The note did not contain an unconditional promise to pay as required by the UCC.
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