FRANKLIN SOC'Y FED. SAV. & LOAN ASS'N v. FAR-PAP CORP.


57 A.D.2d 607 (1977)

Franklin Society Federal Savings and Loan Association, Respondent, v. Far-Pap Corp., Appellant, et al., Defendants

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

April 25, 1977


Interlocutory judgment affirmed insofar as appealed from, with costs.

Defendant-appellant, a corporation dealing in real property, is the owner of a substantial parcel of real property subject to a first mortgage in the sum of $225,000 held by the plaintiff. Mortgage installments of approximately $1,900 of principal and interest were due and payable on the first day of each month, with the customary 30-day grace period. Appellant's installment for the month of December...

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