On November 2, 1978, defendants Edward S. Zorzi and Patricia M. Zorzi purchased a one-family residence from one J. Pesce, the president of defendant Park-Clif Enterprises, Inc., for the sum of $82,500. Upon receiving the deed to the premises, the Zorzis simultaneously executed a bond and mortgage to defendant Schenectady Trust Company and received in return $62,825. The deed in question was later filed with the Saratoga County Clerk's office on November 6, 1978. With these...
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