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POUGHKEEPSIE SAV. BANK v. MAPLEWOOD LAND DEV. CO., INC.

210 A.D.2d 606 (1994)

620 N.Y.S.2d 161

Poughkeepsie Savings Bank, FSB, Appellant, v. Maplewood Land Development Company, Inc., et al., Respondents

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

December 8, 1994

Peters, J.

This mortgage foreclosure action arose as a result of consolidated mortgage loans totaling the sum of $1.8 million made to defendant Maplewood Land Development Company, Inc. (hereinafter Maplewood) affecting real property located in Columbia County. The consolidated mortgage was personally guaranteed by defendant James T. Metz, Jr., the President of Maplewood.

Following a default on the loan by Maplewood, plaintiff commenced this action...

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