Legal Opinion

Eumi Co. v. 105 East Second Street Associates

Appellate Division of the Supreme Court of the State of New York

Decided June 18, 1998Published

1Opinion of the Court

—Judgment of foreclosure and sale, Supreme Court, New York County (William McCooe, J.), entered December 23, 1997, confirming the Referee’s report dated July 23, 1997, and ordering the subject premises sold at public auction, unanimously affirmed, with costs.

Plaintiff established a prima facie case of ownership and nonpayment by introduction of the consolidated mortgage and *165assignment into evidence, and oral testimony of the principal amount due (see, Isaacson v Karpe, 84 AD2d 868; Keahon v Spinelli, 135 AD2d 503). It was not error to apply the 24% annual interest rate upon default provided…

2Cases cited4 opinions

  1. Stein v. American Mortgage Banking, Ltd.Appellate Division of the Supreme Court of the State of New York · 1995
  2. Isaacson v. KarpeAppellate Division of the Supreme Court of the State of New York · 1981
  3. Banque Nationale De Paris v. 1567 Broadway Ownership AssociatesAppellate Division of the Supreme Court of the State of New York · 1998
  4. Keahon v. SpinelliAppellate Division of the Supreme Court of the State of New York · 1987

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