Leone v. Johnson

Appeal from an order of the County Court of Sullivan County (Scheinman, J.), entered August 18, 1982, which denied defendant Herbert *568Johnson’s motion to vacate a default judgment of foreclosure and sale. As a result of an earlier unrelated action, plaintiff Sinibaldo Leone, Jr.’s corporation had secured a judgment lien on defendants’ residence. When, on October 15, 1979, that property was to be sold at public auction for unpaid taxes, plaintiffs, to protect the corporation’s interest in that property, loaned defendants $8,412 at 10% interest to enable him to satisfy the taxes. The loan,…