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FED. DEPOSIT INS. CORP. v. 1873 WESTERN AVE. CORP.

225 A.D.2d 893 (1996)

639 N.Y.S.2d 163

Federal Deposit Insurance Corporation, as Receiver of New Bank of New England, N. A., Appellant, v. 1873 Western Avenue Corporation et al., Defendants, and Armand Quadrini et al., Respondents. (Action No. 1.) Recoll Management Corporation, Appellant, v. Armand Quadrini et al., Respondents. (Action No. 2.)

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

March 14, 1996

Yesawich Jr., J.

Defendant Armand Quadrini (hereinafter Quadrini) executed a mortgage and consolidation agreement, granting New Bank of New England, N. A. a lien on real property located at 1873 Western Avenue (hereinafter the premises) in the Town of Guilderland, Albany County. Thereafter, New Bank of New England, N. A., as assignee of plaintiff Federal Deposit Insurance Corporation (hereinafter FDIC), the...

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