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HOME & CITY SAV. v. BILINSKI

177 A.D.2d 73 (1992)

Home & City Savings Bank, Appellant, v. John Bilinski et al., Respondents, et al., Defendants

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

February 27, 1992

Attorney(s) appearing for the Case

Roemer & Featherstonhaugh, P. C. (Michael J. Smith of counsel), for appellant.

Tabner & Laudato (David S. MacKay of counsel), for John Bilinski and another, respondents.

WEISS, P. J., LEVINE and MERCURE, JJ., concur.

MAHONEY, J.

Desirous of assisting their son in his business venture, on May 16, 1985 defendants John Bilinski and Dorothy M. Bilinski (hereinafter collectively referred to as defendants) executed a $100,000 collateral security mortgage, ostensibly in return for plaintiff's extension of a $100,000 line of credit to the son's corporation, 80 Microcomputer Services Inc. (hereinafter 80 Micro). The mortgage document...

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