Bank of New York v. Cerasaro
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
— Appeal from an order and judgment of the Supreme Court at Special Term (Zeller, J.), entered April 25, 1983 in Broome County, which granted plaintiff’s motion for summary judgment to foreclose on a mortgage. This action is to foreclose the collateral security mortgage on the individual residence of defendant Victor J. Cerasaro. Plaintiff bank loaned Cerasaro and his business partner, Kenneth Cohn, $225,000 to finance the building of a restaurant. They signed a note for that amount dated July 30, 1979 bearing interest at 11% which was payable in seven years. At the same time Cerasaro…
2Cases cited6 opinions
- Bates v. . RosekransNew York Court of Appeals · 1867
- Winsted Bank v. . WebbNew York Court of Appeals · 1868
- Bogert v. . BlissNew York Court of Appeals · 1896
- Skaneateles Savings Bank v. HeroldAppellate Division of the Supreme Court of the State of New York · 1975
- Skaneateles Savings Bank v. HeroldNew York Court of Appeals · 1976
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3Cited by24 opinions
- Matter of TaylorDistrict Court, D. New Jersey · 1989
- Bowles v. StateAppellate Division of the Supreme Court of the State of New York · 1994
- Epps v. StateAppellate Division of the Supreme Court of the State of New York · 1993
- Home & City Savings Bank v. BilinskiAppellate Division of the Supreme Court of the State of New York · 1992
- Cannon v. StateNew York Court of Claims · 1994
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