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TRIAD DISTRIBS., INC. v. CONDE

56 A.D.2d 648 (1977)

Triad Distributors, Inc., Appellant, v. Anthony L. Conde et al., Defendants, and Judith A. Conde, Respondent

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

February 28, 1977

Judgment affirmed, insofar as appealed from, with costs.

Anthony Conde obtained two loans from his employer, plaintiff Triad Distributors, Inc. (Triad), in the total amount of $9,900, for personal reasons. When the debt was reduced to $8,000, Anthony Conde agreed to secure the loan with a bond and mortgage on his residence. An $8,000 mortgage and note, both dated June 10, 1970, were executed and delivered to Triad, bearing the signatures of Anthony and Judith Conde...

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