Ordered that the order is affirmed, with costs.
In February 1989 Gregory and Carol Bagen gave a mortgage on certain property they owned to the plaintiff Putnam County Savings Bank (hereinafter Putnam Savings). Title to the property was later transferred to Allview Estates, Inc., a corporation apparently wholly owned and controlled by the Bagens, for nominal consideration. After the Bagens defaulted on their mortgage payments, Putnam Savings successfully prosecuted...
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