Legal Opinion
Shorehaven Associates, Inc. v. King
Appellate Division of the Supreme Court of the State of New York
Decided June 29, 1992PublishedCited by 5 opinions
1Opinion of the Court
In an action to foreclose a mortgage, the defendant Lorna E. King appeals from an order of the Supreme Court, Kings County (G. Aronin, J.), entered July 13, 1990, which denied her motion to stay the foreclosure sale and to dismiss the complaint insofar as it is asserted against her.
Ordered that the order is affirmed, with costs.
We agree with the Supreme Court that the appellant’s purported defense of usury based upon a provision in the mortgage increasing the interest to a higher rate upon a default in payment is meritless (see, Klapper v Integrated Agric. Mgt. Co., 149 AD2d 765; Bloom v…
2Cases cited3 opinions
- Klapper v. Integrated Agricultural Management Co.Appellate Division of the Supreme Court of the State of New York · 1989
- Bloom v. Trepmal Construction Corp.Appellate Division of the Supreme Court of the State of New York · 1968
- Bloom v. Trepmal Construction Corp.New York Court of Appeals · 1968
3Cited by5 opinions
- Madden v. Midland Funding, LLCDistrict Court, S.D. New York · 2017
- Miller Planning Corp. v. WellsAppellate Division of the Supreme Court of the State of New York · 1998
- Hicki v. Choice Capital Corp.Appellate Division of the Supreme Court of the State of New York · 1999
- HSBC Bank USA v. DesrouilleresAppellate Division of the Supreme Court of the State of New York · 2015
- Rebeil Consulting Corp. v. Kappa Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1997