BLUEBERRY INVESTORS CO. v. ILANA REALTY, INC.


184 A.D.2d 906 (1992)

Blueberry Investors Company, Respondent, v. Ilana Realty, Inc., et al., Appellants, et al., Defendants

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

June 11, 1992


Harvey, J.

This action involves the foreclosure of three mortgage notes executed by defendant Ilana Realty, Inc. in favor of plaintiff. The first of these mortgages was made to secure a loan to Ilana Realty for $1,200,000. Payment and performance of this mortgage was guaranteed by defendants 202 Developers, Inc., Ilana Kwilecki, David Kwilecki and Danny Kwilecki. The note was also secured by a purchase-money mortgage on a riverfront property in the Town...

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