Choi v. Korea First Bank

—Order, Supreme Court, New York County (Ira Gammerman, J.), entered June 21, 1996, which granted defendant’s motion to dismiss the complaint for failure to state a cause of action, unanimously affirmed, with costs.

*237The documentary evidence establishes that the second, so-called Disputed Note was the obligation of Manhattan, not Kornew, which defendant could properly enforce by foreclosing on the Manhattan mortgage containing a “dragnet clause” making it applicable to future advances (State Bank v Fioravanti, 51 NY2d 638, 645). Under these circumstances, even assuming that defendant altered the…