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KESTENBERG v. PLATINUM PROPS. CORP.

112 A.D.2d 268 (1985)

Milton Kestenberg et al., Respondents, v. Platinum Properties Corp. et al., Defendants, and Glenwood Estates Associates, Appellant

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

July 15, 1985

Order affirmed, with costs to respondents Kestenberg and Park East Synagogue-Congregation.

The affidavits and exhibits submitted at Special Term establish that the principal of $567,000, plus accrued interest thereon on respondents' consolidated mortgages, was not paid when due and payable on September 30, 1982, and remained unpaid as of the date respondents' motion papers were drawn. The mortgage consolidation agreement provided, in pertinent part, that the mortgage...

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