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CHERICO v. BANK OF NEW YORK

211 A.D.2d 961 (1995)

621 N.Y.S.2d 235

Donald Cherico et al., Respondents, v. Bank of New York, Appellant, et al., Defendants

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

January 19, 1995

Peters, J.

Plaintiffs, Patricia A. Cherico and Donald Cherico, borrowed the sum of $250,000 in January 1987 from Scarsdale National Bank and Trust Company, the predecessor in interest to defendant Bank of New York (hereinafter the Bank). The loan was secured by a mortgage on property owned by Patricia Cherico located at 223 Ferris Avenue in the City of White Plains, Westchester County. Such mortgage was subsequently...

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