PARISI ENTERS. INC. PROFIT SHARING TRUST v. SETTIMO


198 A.D.2d 272 (1993)

603 N.Y.S.2d 571

Parisi Enterprises Inc. Profit Sharing Trust, Respondent, v. Anthony Settimo et al., Appellants

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

November 8, 1993


Ordered, that the order is affirmed, with costs.

The defendants defaulted on payments due pursuant to a promissory note they had executed. Thereafter, the plaintiff commenced this action to foreclose a mortgage given by the defendants to secure the promissory note. The defendants had originally executed the note and mortgage in order to obtain funds for an investment which subsequently failed.

The plaintiff moved, in effect, for summary judgment and the Supreme...

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