Legal Opinion
Morgan v. Ellenville Savings Bank
Appellate Division of the Supreme Court of the State of New York
Decided December 23, 1976PublishedCited by 10 opinions
1Opinion of the CourtMahoney, J.
The defendant Ellenville Savings Bank granted plaintiffs a mortgage in the sum of $15,000 in October, 1965 secured by premises in the Town of Bethel, Sullivan County. The plaintiffs defaulted in November, 1967 and in February, 1968 the bank commenced an action of foreclosure. On August 22, 1968, during the pendency of the foreclosure action and prior to the entry of judgment of foreclosure and sale, the building on the premises was destroyed by fire. The building was covered by fire insurance and the policy contained the standard New York State mortgage clause in favor of the defendant bank.…
2Cases cited5 opinions
- Whitestone Savings & Loan Ass'n v. Allstate InsuranceNew York Court of Appeals · 1971
- Crisona v. MacalusoAppellate Division of the Supreme Court of the State of New York · 1969
- Long Island City Savings & Loan Ass'n v. SuggsNew York Supreme Court · 1974
- Tierney v. Home Title Insurance, New York County Courts1925
- Tierney v. Home Title InsuranceAppellate Division of the Supreme Court of the State of New York · 1926
3Cited by10 opinions
- Sportsmen's Park, Inc. v. New York Property Insurance Underwriting Ass'nAppellate Division of the Supreme Court of the State of New York · 1983
- Builders Affiliates, Inc. v. North River InsuranceAppellate Division of the Supreme Court of the State of New York · 1983
- Merchants National Bank & Trust Co. v. WagnerNew York Supreme Court · 1978
- Albany Savings Bank v. David Thum Realty, Inc.Appellate Division of the Supreme Court of the State of New York · 1983
- Marine Midland Bank-Central v. Auburn Inn, Inc.Appellate Division of the Supreme Court of the State of New York · 1985
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