George A. Hackett and Theodora J. Hackett v. J.R.L. Development

George and Theodora Hackett, plaintiffs below, appeal a final judgment in favor of J.R.L. Development, Inc. and Island International
Realty, Inc., defendants below, in the appellants' action to recover a deposit made pursuant to a real estate purchase agreement.
The appellants contend that the default clause of the purchase agreement was unenforceable due to the lack of mutuality of
remedy. We agree and reverse. The appellants' remaining seven points need no discussion in light of our decision. On June 1, 1985, the appellants, as buyers, entered into an agreement with appellee J.R.L. Development, Inc., as seller,
for the purchase of a commercial condominium in Naples for $125,000. The parties amended the purchase agreement in a letter
of agreement signed June 1, 1985 (the addendum). The buyers deposited $25,000 with appellee Island International Realty, Inc.,
the broker, in two installments of $12,500 each. The addendum made the buyers' obligation to purchase the property contingent
upon their obtaining mortgage financing.