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CALCE v. FUTTERMAN

197 A.D.2d 490 (1993)

603 N.Y.S.2d 9

Alfonso Calce et al., Appellants, v. Stella Futterman et al., Respondents. (And a Counterclaim Action.)

Appellate Division of the Supreme Court of the State of New York, First Department.

October 28, 1993

In interpreting the parties' intent as expressed by the language of the contract (see, Brayton v Pappas, 52 A.D.2d 187, 188), the court properly found that the prepayment provision of the mortgage, which provided that any prepayments "will be applied in inverse order", required that the prepayments must be credited to the payments due at the end of the mortgage term. That is not...

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