First Federal Savings & Loan Ass'n v. Ivy Ridge, Inc.
New York Supreme Court
1Opinion of the CourtJames H. Boomer, J.
In this mortgage foreclosure action the mortgagee bank .seeks a judgment of foreclosure and sale, not only of the real property, an apartment house, but also of the personal property used in connection with the apartment house. The mortgage covers the personal property as well as the real property and the only question involved in this action is whether the bank has released the personal property from the lien of the mortgage.
On the trial the attorney for the mortgagor produced an instrument that purported to release the personal property from the lien of the mortgage. The release was signed…
2Cases cited6 opinions
- Chouteau v. . SuydamNew York Court of Appeals · 1860
- Gilbert v. North American Fire InsuranceNew York Supreme Court · 1840
- Brackett v. . BarneyNew York Court of Appeals · 1863
- Sweetland v. . BuellNew York Court of Appeals · 1900
- Ford v. GaleAppellate Division of the Supreme Court of the State of New York · 1913
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3Cited by4 opinions
- Borumand v. AssarDistrict Court, W.D. New York · 2001
- First Federal Savings & Loan Ass'n v. Ivy Ridge, Inc.Appellate Division of the Supreme Court of the State of New York · 1975
- Geddes Federal Savings & Loan Ass'n v. FerranteAppellate Division of the Supreme Court of the State of New York · 1996
- Lennar Northeast Partners Ltd. Partnership v. GifaldiNew York Supreme Court · 1998