22.10Reference to AnotherAgreementHolly Hill Acres Ltd. (Holly Hill)purchased la

22.10Reference to AnotherAgreementHolly Hill Acres Ltd. (Holly Hill)purchased land from Rogers and Blythe. As part of itsconsideration Holly Hill gave Rogers and Blythe a promissory noteand purchase money mortgage. The note read in part This notewith interest is secured by a mortgage on real estate made by themaker in favor of said payee. The terms of said mortgage are byreference made a part hereof. Rogers and Blythe assigned this noteand mortgage to Charter Bank of Gainesville (Charter Bank) assecurity in order to obtain a loan from the bank. Within a fewmonths Rogers and Blythe defaulted on their obligation to CharterBank. Charter Bank sued to recover on Holly Hills note andmortgage. Does the reference to the mortgage in the note cause itto be nonnegotiable?Holly Hill Acres Ltd. v.Charter Bank of Gainesville 314 So.2d209Web1975 Fla.App. Lexis13715 (Court of Appeal of Florida)