SOUTH SHORE FED. SAV. & LOAN ASS'N v. SHORE CLUB HOLDING CORP.


54 A.D.2d 978 (1976)

South Shore Federal Savings and Loan Association, Respondent, v. Shore Club Holding Corporation et al., Defendants, and Milton Miller, Appellant

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

November 29, 1976


Order reversed insofar as appealed from, with $50 costs and disbursements, and motion granted to the extent that a hearing is directed, on notice to all parties, including the purchasers.

A judgment of foreclosure and sale was entered on August 15, 1974. The property was sold for $900,000 at the foreclosure sale held on October 4, 1974, leaving a large surplus. Pursuant to the terms of sale, a down payment of 10% was required at the time of sale. The terms of sale...

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