McDonough v. Mancuso

This appeal is from a deficiency judgment in a mortgage foreclosure. The appellants Morris Goldblatt and his wife Rebecca were the grantees in a deed by which they assumed the payment of the mortgage foreclosed. They were mesne grantees between the owner at the time of the execution of the mortgage and the defendant owning the equity of redemption at the time of the foreclosure. Their liability was as sureties. (Calvo v. Davies, 73 N. Y. 211; Paine v. Jones, 76 id. 274.) They claim to be exonerated and released because of an agreement between their grantee Mancuso, who had assumed the payment…