Trustco Bank v. Sage
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtYesawich Jr., J.
Appeal from an order of the Supreme Court (Cobb, J.), entered February 7, 1996 in Greene County, which, inter alia, granted plaintiffs motion for summary judgment.
In this foreclosure action, plaintiff seeks to recover on a guaranty signed by defendant Sidney Derman and others, by the terms of which they jointly and severally guaranteed payment of a $535,000 loan extended to defendant Highland Associates. The loan was also secured by a mortgage on real property, which was subsequently sold to defendants David N. Sage and Robin Sage for $620,000. At the time of the sale, the Sages assumed…
2Cases cited6 opinions
- Becker v. FaberNew York Court of Appeals · 1939
- Chemical Bank v. SeplerNew York Court of Appeals · 1983
- Nanuet National Bank v. RomAppellate Division of the Supreme Court of the State of New York · 1983
- D., L. W.R.R. Co. v. . BurkardNew York Court of Appeals · 1889
- Republic National Bank v. HaddadAppellate Division of the Supreme Court of the State of New York · 1986
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