Bowery Savings Bank v. Nirenstein

Action to foreclose mortgage on real property. Defense of usury. Order striking out amended answer of defendants Nirenstein and granting plaintiff judgment of foreclosure and sale affirmed, *791with costs, on the following grounds: 1. The payment to the Equitable Mortgage Company by the mortgagor of items aggregating $580.90 at the time of the extension of the mortgage was not, in our opinion, usurious, but was a reasonable charge for services and disbursements in connection with the extension agreement. 2. Even if there was usury at the time of the execution of the said extension agreement…