Mercury Capital Corp. v. Shepherds Beach, Inc.

*605—In an action to foreclose a mortgage, the defendant Shepherds Beach, Inc., appeals from an order of the Supreme Court, Suffolk County (Floyd, J.), dated March 16, 2000, which denied its motion to dismiss the complaint insofar as asserted against it as barred by the Statute of Limitations.

Ordered that the order is reversed, on the law, with costs, the motion is granted, the complaint is dismissed insofar as asserted against the appellant, and the action against the remaining defendants is severed.

The default on the note and mortgage at issue occurred on January 1, 1992. On January 27, 1994,…