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CORRADINI v. V. & M. HOLDING CORP.

34 N.J. Super. 427 (1955)

112 A.2d 603

VIVIAN A. CORRADINI AND MARY CORRADINI, HIS WIFE, PLAINTIFFS, v. V. & M. HOLDING CORP., A BODY CORPORATE OF THE STATE OF NEW JERSEY, ET AL., DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided March 9, 1955.

Attorney(s) appearing for the Case

Mr. Cyril J. McCauley, attorney for plaintiffs.

Mr. Herman E. Botwinik (Mr. Ralph R. Feigelson, of counsel), attorney for defendant Elizabeth Ascione.

Mr. Thomas S. Clancy, attorney for defendant Umberto Cafasso.

Messrs. Joyce & Brown, attorneys for defendant M. Harold Higgins.

GRIMSHAW, J.S.C.

This is a foreclosure action. On November 28, 1951 V. & M. Holding Corp., a corporation of this State, executed and delivered to Vivian A. Corradini and Mary, his wife, a bond and mortgage in the sum of $70,000, covering real property in the Borough of Little Ferry, Bergen County.

Among other things, the mortgage contained the following recital:

"The indebtedness secured by this obligation is further secured by bonds, mortgages...

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