Domus Realty Corp. v. 3440 Realty Co.

This is a motion by the plaintiff for summary judgment in a suit to foreclose a purchase money mortgage, in the principal sum of $16,000 covering premises 3440 Broadway, New York City. The suit is based upon a default in payment of quarterly instalments of interest in the sum of $153, and of principal amounting to $175, which became due on November 15, 1942. The bond and mortgage provided a grace period of ten days within which payment might be made. On November 30, 1942, the defendant remitted its check in the sum of $175 in payment of principal and on December 3,1942, defendant sent its…