Plymouth Commons Realty Corp. v. N.E. Sav., No. Cv 93-0456534 (Oct. 7, 1994)

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.]MEMORANDUM OF DECISION ON DEFENDANT'S MOTION TO STRIKE INTRODUCTION AND FACTUAL BACKGROUND

The present action concerns a dispute between the parties to a real estate loan agreement as to the application of insurance proceeds following a fire which substantially damaged the mortgaged property. The facts as alleged in the plaintiffs' revised complaint filed February 28, 1994 are as follows. CT Page 10300

On June 2, 1989, the plaintiff, Plymouth Commons Realty Corporation ("Plymouth") obtained a loan from the defendant,…