Bank Leumi Trust Co. v. Mari-Age Bridals, Inc.
This text of 215 A.D.2d 422 (Bank Leumi Trust Co. v. Mari-Age Bridals, Inc.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
In an action, inter alia, to [423]*423foreclose a mortgage, the defendant Gertrude Glass appeals from an order and judgment (one paper) of the Supreme Court, Nassau County (Molloy, J.), entered December 9, 1993, which is in favor of the plaintiff and against her, among other things, directing the sale of the subject property.
Ordered that the order and judgment is affirmed, with costs.
Contrary to the appellant’s contentions, RPAPL 1301 does not bar the plaintiff from foreclosing on the subject property. In this case, the obligation secured by the mortgage was the appellant’s limited guaranty of payment on a separate loan made by the plaintiff to the defendant Mari-Age Bridals, Inc. Because the obligation secured by the mortgage was separate and independent from the note accompanying the mortgage, as contemplated by RPAPL 1301, the plaintiff was not barred by that statute from obtaining a judgment of foreclosure and sale (see, GIT Indus, v Rose, 94 AD2d 714; Bank Leumi Trust Co. v Sibthorp, 135 AD2d 476).
The appellant’s remaining contention is without merit. Mangano, P. J., Sullivan, Copertino and Altman, JJ., concur.
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Cite This Page — Counsel Stack
215 A.D.2d 422, 626 N.Y.S.2d 535, 1995 N.Y. App. Div. LEXIS 4913, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bank-leumi-trust-co-v-mari-age-bridals-inc-nyappdiv-1995.