Legal Opinion
First National Bank & Trust Co. v. Hyman Novick Realty Corp.
Appellate Division of the Supreme Court of the State of New York
Decided May 24, 1979PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
Herlihy, J.
It is undisputed that, as of September, 1972, the plaintiffs designated as Nat Kagan Meat & Poultry, Inc., Harold Kagan and Pearl Kagan (hereinafter referred to as Kagans) acquired by assignment and renegotiation a first mortgage and a third mortgage and on September 20, 1972 the indebtedness secured was $434,368.65 on the first mortgage and $225,975.74 on the third mortgage. There was also an outstanding second mortgage on the premises held by Southern Tier Capitol Corporation (So. Tier) in the amount of $192,Í76.18. In October of 1972 and again in 1974 the…
2Cases cited14 opinions
- Whitestone Savings & Loan Ass'n v. Allstate InsuranceNew York Court of Appeals · 1971
- Brock v. . PoorNew York Court of Appeals · 1915
- Klinke v. SamuelsNew York Court of Appeals · 1934
- Moke Realty Corp. v. Whitestone Savings & Loan Ass'nNew York Supreme Court · 1975
- Central Hanover Bank v. Roslyn Estates, Inc.Appellate Division of the Supreme Court of the State of New York · 1943
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3Cited by4 opinions
- Gray v. Bankers Trust Company of Albany, N. A.Appellate Division of the Supreme Court of the State of New York · 1981
- Hudson City Savings Institution v. DrazenAppellate Division of the Supreme Court of the State of New York · 1990
- In re the Dissolution of Fontana D'Oro Foods, Inc.New York Supreme Court · 1983
- Lehman Bros. Holdings, Inc. v. PensonAppellate Division of the Supreme Court of the State of New York · 2004