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Stein v. Nellen Development Corp.

Appellate Division of the Supreme Court of New York, Second Department
Nov 20, 1978
65 A.D.2d 789 (N.Y. App. Div. 1978)

Opinion

November 20, 1978


In an action to foreclose a mortgage, the appeal, as limited by appellants' notice of appeal and brief, is from so much of an order of the Supreme Court, Suffolk County, entered December 29, 1977, as denied the branch of their cross motion which sought to dismiss the complaint as against them on the ground of usury. Order affirmed insofar as appealed from, with $50 costs and disbursements. Assuming, arguendo, that the agreement to extend the purchase-money mortgage was usurious, it would not invalidate the original obligation under the mortgage (see Gross v Lichtman, 55 A.D.2d 670; Marks, Maloney Paperno, Mortgages and Mortgage Foreclosure in New York, § 251, p 353). Latham, J.P., Suozzi, Gulotta, Shapiro and Cohalan, JJ., concur.


Summaries of

Stein v. Nellen Development Corp.

Appellate Division of the Supreme Court of New York, Second Department
Nov 20, 1978
65 A.D.2d 789 (N.Y. App. Div. 1978)
Case details for

Stein v. Nellen Development Corp.

Case Details

Full title:JACOB STEIN et al., Respondents, v. NELLEN DEVELOPMENT CORP. et al.…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Nov 20, 1978

Citations

65 A.D.2d 789 (N.Y. App. Div. 1978)

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