<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2c14a298-7e35-4c78-aa90-dc3da203a062/1C1AEEFB-D093-430C-916D-AFF967AA4CCE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=Ch0687/SEC125.HTM&Title=-%3E2007-%3ECh0687-%3ESection%20125" href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=Ch0687/SEC125.HTM&Title=-%3E2007-%3ECh0687-%3ESection%20125" style="font-size: 11px;">www.leg.state.fl.us</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=Ch0687/SEC125.HTM&Title=-%3E2007-%3ECh0687-%3ESection%20125"><table background="undefined" bgcolor=""><tr><TD id="content"><TABLE width="595" frame="void" cellspacing="0" cellpadding="2" border="0" align="center"><FORM class="SCFilter" name="SCFilter" action="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=Ch0687/SEC125.HTM&Title=->2007->Ch0687->Section 125"></FORM> <TBODY><TR valign="top" class="SciFilter"><TD class="SciFilter">Select Year:   <SELECT class="SCFilter" size="1" name="StatuteYear"> <OPTION class="SCFilter" selected="" value="2007">2007 </OPTION><OPTION class="SCFilter" value="2006">2006 </OPTION><OPTION class="SCFilter" value="2005">2005 </OPTION><OPTION class="SCFilter" value="2004">2004 </OPTION><OPTION class="SCFilter" value="2003">2003 </OPTION><OPTION class="SCFilter" value="2002">2002 </OPTION><OPTION class="SCFilter" value="2001">2001 </OPTION><OPTION class="SCFilter" value="2000">2000 </OPTION><OPTION class="SCFilter" value="1999">1999 </OPTION><OPTION class="SCFilter" value="1998">1998 </OPTION><OPTION class="SCFilter" value="1997">1997 </OPTION></SELECT> <INPUT type="hidden" value="statutes" name="Tab" /><INPUT type="hidden" class="SCFilter" value="1" name="Submenu" /> <INPUT width="4" type="submit" class="SCFilter" value="Go" name="NewSelection" /> </TD></TR></TBODY></TABLE><DIV align="left"> <TABLE width="600" cellspacing="0" cellpadding="0" border="0"><TBODY><TR><TD></TD><TD><H2>The 2007 Florida Statutes<BR /><IMG width="600" height="3" border="0" alt="" src="http://www.leg.state.fl.us/statutes/../../../Images/dividers/600x3_gradient.gif" /></H2> </TD></TR><TR><TD></TD><TD><TABLE width="595" cellspacing="0" cellpadding="0" border="0"><TBODY><TR><TD><TABLE width="600"><TBODY><TR valign="top"><TD><FONT face="Verdana"><CENTER><B> <A href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Index&Title_Request=XXXIX#TitleXXXIX">Title XXXIX</A></B><BR />COMMERCIAL RELATIONS</CENTER></FONT></TD><TD><FONT face="Verdana"></FONT><CENTER><FONT face="Verdana"><B> <A href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=Ch0687/titl0687.htm">Chapter 687</A></B><BR />INTEREST AND USURY; LENDING PRACTICES</FONT></CENTER></TD><TD><FONT face="Verdana"><CENTER><B><A href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=Ch0687/ch0687.htm">View Entire Chapter</A></B></CENTER></FONT> </TD></TR></TBODY></TABLE></TD></TR><TR><TD><FONT size="-1" face="Verdana"> </FONT><P><FONT size="-1" face="Verdana"><B>687.125  Compounding of interest.</B>--Interest or finance charges on any loan or extension of credit secured by a mortgage which contains a provision for the compounding of interest may be compounded provided the total amount of interest received by the lender as a result of such compounding, including interest upon interest, produces an effective yield which does not exceed any interest rate limitation imposed by applicable law. <SMALL> </SMALL></FONT></P><P><FONT size="-1" face="Verdana"><SMALL><B>History.</B>--s. 47, ch. 82-214. </SMALL> </FONT> </P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></DIV> </TD></tr></table></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1C1AEEFB-D093-430C-916D-AFF967AA4CCE/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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