Citibank, NA v. Abrams
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtMulvey, J.
Appeal from an order of the Supreme Court (Nolan Jr., J.), entered August 14, 2014 in Saratoga County, which, among other things, granted plaintiff’s motion for summary judgment.
In May 2003, defendants Kenneth Abrams and Madeline Abrams (hereinafter collectively referred to as defendants) obtained a mortgage loan from Fleet National Bank for their purchase of real property in the City of Saratoga Springs, Saratoga County.
Defendants executed a note dated May 22, 2003 in the amount of $509,000 and agreed to repay the loan to the order of Fleet or to the note holder. To secure payment of the…
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