Opinion
April 24, 1995
Appeal from the Supreme Court, Kings County (Ramirez, J.).
Ordered that the order is affirmed, with costs.
The defendant held a mortgage in the amount of $6,500,000, including several notes secured by the mortgage, constituting a lien on real estate owned by the plaintiff. The plaintiff sought to assign the mortgage to East New York Savings Bank. The defendant agreed to execute an assignment of the mortgage but could not produce the underlying notes. The defendant offered to execute a "lost-note affidavit", but the assignee purportedly would not accept the assignment without the underlying notes. As a result the plaintiff was allegedly forced to satisfy the mortgage and to enter into a new loan agreement.
In opposing the defendant's motion for summary judgment, the plaintiff has not produced any evidence that the defendant failed to make the appropriate offer to deliver an indemnity agreement and a "lost-note affidavit" to facilitate the assignment. Accordingly, it cannot be said that the defendant failed to comply with the requirements of Real Property Law § 275 regarding the discharge of the plaintiff's mortgage (see, United States v Freidus, 769 F. Supp. 1266; Felin Assocs. v Rogers, 38 A.D.2d 6).
Moreover, contrary to the plaintiff's contention, when a claim has been interposed against a financial institution before the appointment of a receiver, Federal law does not necessarily divest the State court of subject matter jurisdiction (see, Arnott v Forkash Realty Corp., 205 A.D.2d 651; Ungar v Ensign Bank, 196 A.D.2d 204).
We have reviewed the plaintiff's remaining contention and find it to be without merit. Bracken, J.P., Joy, Hart and Goldstein, JJ., concur.