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UMB BANK & TRUST CO. v. S.H.M. WEST PARKING CORP.

181 A.D.2d 577 (1992)

UMB Bank and Trust Company, Respondent, v. S.H.M. West Parking Corp., Appellant, et al., Defendants

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

March 24, 1992

Since three of the four consolidated mortgages were recorded before the month-to-month occupancy agreement between appellant and the other defendants, those three mortgages are superior in lien to the occupancy agreement (Dominion Fin. Corp. v 275 Washington St. Corp., 64 Misc.2d 1044, 1046) making the foreclosure effective to terminate appellant's leasehold rights (United States...

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